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Union Insurance Co (ADX:UNION) Equity-to-Asset : 0.16 (As of Dec. 2024)


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What is Union Insurance Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Union Insurance Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was د.إ243.3 Mil. Union Insurance Co's Total Assets for the quarter that ended in Dec. 2024 was د.إ1,514.1 Mil. Therefore, Union Insurance Co's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.16.

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

ADX:UNION' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.15   Max: 0.29
Current: 0.16

During the past 13 years, the highest Equity to Asset Ratio of Union Insurance Co was 0.29. The lowest was 0.13. And the median was 0.15.

ADX:UNION's Equity-to-Asset is ranked worse than
68.09% of 492 companies
in the Insurance industry
Industry Median: 0.25 vs ADX:UNION: 0.16

Union Insurance Co Equity-to-Asset Historical Data

The historical data trend for Union Insurance Co'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.

Union Insurance Co Equity-to-Asset Chart

Union Insurance Co 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 0.14 0.13 0.14 0.14 0.16

Union Insurance Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only 0.14 0.14 0.13 0.14 0.16

Competitive Comparison of Union Insurance Co's Equity-to-Asset

For the Insurance - Diversified subindustry, Union Insurance Co'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.


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

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

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


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Union Insurance Co 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.

Union Insurance Co'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
=243.338/1514.05
=0.16

Union Insurance Co'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
=243.338/1514.05
=0.16

* 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.


Union Insurance Co  (ADX:UNION) 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%.


Union Insurance Co Equity-to-Asset Related Terms

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


Union Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Road, P.O Box 119227, Single Business Tower, Dubai, ARE
Union Insurance Co is a UAE-based insurance company. It is engaged in the underwriting of all types of insurance. Company provide a comprehensive range of retail and commercial insurance products to clients in the UAE, as well as the Middle East. It operates in two segments, including the General Insurance and Life assurance segment. The general insurance segment includes auto, marine, engineering, corporate travel, employee benefit, healthcare, fire, and general accident insurance. The life segment includes group life, credit life, and individual life. The company generates the majority of its revenue from the General insurance segment. The geographical segments include the United Arab Emirates, GCC Countries, and Others.

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