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Al Ain Ahlia Insurance Co PSC (ADX:ALAIN) Equity-to-Asset : 0.41 (As of Dec. 2024)


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What is Al Ain Ahlia Insurance Co PSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Al Ain Ahlia Insurance Co PSC's Total Stockholders Equity for the quarter that ended in Dec. 2024 was د.إ1,300.1 Mil. Al Ain Ahlia Insurance Co PSC's Total Assets for the quarter that ended in Dec. 2024 was د.إ3,153.7 Mil. Therefore, Al Ain Ahlia Insurance Co PSC's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.41.

The historical rank and industry rank for Al Ain Ahlia Insurance Co PSC's Equity-to-Asset or its related term are showing as below:

ADX:ALAIN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.45   Max: 0.55
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Al Ain Ahlia Insurance Co PSC was 0.55. The lowest was 0.21. And the median was 0.45.

ADX:ALAIN's Equity-to-Asset is ranked better than
75% of 492 companies
in the Insurance industry
Industry Median: 0.25 vs ADX:ALAIN: 0.41

Al Ain Ahlia Insurance Co PSC Equity-to-Asset Historical Data

The historical data trend for Al Ain Ahlia Insurance Co PSC's Equity-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.

* Premium members only.

Al Ain Ahlia Insurance Co PSC Equity-to-Asset Chart

Al Ain Ahlia Insurance Co PSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.47 0.54 0.53 0.41

Al Ain Ahlia Insurance Co PSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-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 0.42 0.47 0.54 0.53 0.41

Competitive Comparison of Al Ain Ahlia Insurance Co PSC's Equity-to-Asset

For the Insurance - Diversified subindustry, Al Ain Ahlia Insurance Co PSC's Equity-to-Asset, along with its competitors' market caps and Equity-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.


Al Ain Ahlia Insurance Co PSC's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Al Ain Ahlia Insurance Co PSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Al Ain Ahlia Insurance Co PSC's Equity-to-Asset falls into.


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Al Ain Ahlia Insurance Co PSC Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Al Ain Ahlia Insurance Co PSC's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=1300.103/3153.709
=0.41

Al Ain Ahlia Insurance Co PSC's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=1300.103/3153.709
=0.41

* 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.


Al Ain Ahlia Insurance Co PSC  (ADX:ALAIN) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Al Ain Ahlia Insurance Co PSC Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Al Ain Ahlia Insurance Co PSC's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Al Ain Ahlia Insurance Co PSC Business Description

Traded in Other Exchanges
N/A
Address
Airport Road, P.O. Box 3077, Al Ain Insurance Company Building, Behind Al Jazira Sports Club, Abu Dhabi, ARE
Al Ain Ahlia Insurance Co PSC is an Abu Dhabi-based insurance company providing a range of insurance products and services including motor, engineering, health, property, marine, energy, and aviation insurance as well as reinsurance solutions. The company operates its business in two segments: Underwriting of General Insurance Business and Investments, out of which the company derives maximum revenue from the Underwriting of General Insurance business in the form of insurance contracts and commission income incorporating all classes of general insurance such as fire, marine, motor, medical, general accident and miscellaneous.

Al Ain Ahlia Insurance Co PSC Headlines

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