Sharjah Insurance Co PSC (ADX:SICO) Equity-to-Asset : 0.84 (As of Dec. 2022)

Sharjah Insurance Co PSC Equity-to-Asset Chart

Sharjah Insurance Co PSC Annual Data
	Trend	Dec12	Dec13	Dec15	Dec16	Dec17	Dec18	Dec19	Dec21	Dec22	Dec23
Equity-to-Asset		Get a 7-Day Free Trial					0.60	0.66	0.74	0.84	0.84

Sharjah Insurance Co PSC Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Dec15	Mar16	Jun16	Dec16	Mar17	Jun17	Dec17	Sep18	Dec18	Sep19	Dec19	Dec22	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.60	0.64	0.66	0.84	0.84

Competitive Comparison of Sharjah Insurance Co PSC's Equity-to-Asset

For the Insurance - Diversified subindustry, Sharjah 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.

Sharjah Insurance Co PSC's Equity-to-Asset Distribution in the Insurance Industry

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

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

Sharjah 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.

Sharjah Insurance Co PSC's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sharjah Insurance Co PSC's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

* 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.

Sharjah Insurance Co PSC  (ADX:SICO) 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%.

Sharjah Insurance Co PSC Equity-to-Asset Related Terms

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Sharjah Insurance Co PSC (ADX:SICO) Business Description