Assurances Maghrebia (XTUN:ASSMA) Debt-to-Equity : 0.00 (As of . 20)

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What is Assurances Maghrebia Debt-to-Equity?

Assurances Maghrebia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was TND0.00 Mil. Assurances Maghrebia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was TND0.00 Mil. Assurances Maghrebia's Total Stockholders Equity for the quarter that ended in . 20 was TND0.00 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Assurances Maghrebia's Debt-to-Equity or its related term are showing as below:

XTUN:ASSMA's Debt-to-Equity is not ranked ^*
in the Insurance industry.
Industry Median: 0.23
* Ranked among companies with meaningful Debt-to-Equity only.

Assurances Maghrebia Debt-to-Equity Historical Data

The historical data trend for Assurances Maghrebia's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Assurances Maghrebia Debt-to-Equity Chart

Assurances Maghrebia Annual Data

Trend

Debt-to-Equity

Assurances Maghrebia Semi-Annual Data

Debt-to-Equity

Competitive Comparison of Assurances Maghrebia's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, Assurances Maghrebia's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Assurances Maghrebia's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Assurances Maghrebia's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Assurances Maghrebia's Debt-to-Equity falls into.

Assurances Maghrebia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Assurances Maghrebia's Debt to Equity Ratio for the fiscal year that ended in . 20 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(	+	)	/	N/A
	=	N/A

Assurances Maghrebia's Debt to Equity Ratio for the quarter that ended in . 20 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(	+	)	/
	=	N/A

Assurances Maghrebia (XTUN:ASSMA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Assurances Maghrebia Debt-to-Equity Related Terms

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Assurances Maghrebia (XTUN:ASSMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Assurances Maghrebia SA (XTUN:ASSMA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

64, rue de Palestine, Tunis, TUN, 1002

Website

https://www.maghrebia.com.tn

Assurances Maghrebia SA is an insurance firm that provides insurance and reinsurance services to corporate and individual client. Its products include car insurance, home insurance, travel insurance, among others.

Assurances Maghrebia (XTUN:ASSMA) Headlines

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