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Jubilee Life Insurance Co (KAR:JLICL) Debt-to-Asset : 0.01 (As of Mar. 2024)


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What is Jubilee Life Insurance Co Debt-to-Asset?

Jubilee Life Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨440 Mil. Jubilee Life Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨899 Mil. Jubilee Life Insurance Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₨208,476 Mil. Jubilee Life Insurance Co's debt to asset for the quarter that ended in Mar. 2024 was 0.01.


Jubilee Life Insurance Co Debt-to-Asset Historical Data

The historical data trend for Jubilee Life Insurance Co's Debt-to-Asset 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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Jubilee Life Insurance Co Debt-to-Asset Chart

Jubilee Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Jubilee Life Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Jubilee Life Insurance Co's Debt-to-Asset

For the Insurance - Life subindustry, Jubilee Life Insurance Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Jubilee Life Insurance Co's Debt-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Jubilee Life Insurance Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Jubilee Life Insurance Co's Debt-to-Asset falls into.



Jubilee Life Insurance Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Jubilee Life Insurance Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(488.618 + 855.431) / 205490.272
=0.01

Jubilee Life Insurance Co's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(440.459 + 898.61) / 208475.837
=0.01

* 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.


Jubilee Life Insurance Co  (KAR:JLICL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Jubilee Life Insurance Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Jubilee Life Insurance Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Jubilee Life Insurance Co (KAR:JLICL) Business Description

Traded in Other Exchanges
N/A
Address
M.T. Khan Road, 74/1- A, Lalazar, Jubilee Life Insurance Building, Karachi, SD, PAK, 74000
Jubilee Life Insurance Co Ltd is engaged in life insurance, carrying on non-participating business. It operates through seven segments, namely Individual Life Unit Linked, Conventional Business, Accident & Health Business, Overseas Group Life & Health Business, Individual Family Takafu, Group Family Takaful, and Accident & Health Family Takaful. The company generates the majority of its revenue from the Individual Life Unit Linked segment. Individual life contracts are mainly regular premium unit-linked policies, where policy value is determined as per the underlying assets' value.

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