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Takaful International Co BSC (BAH:TAKAFUL) Equity-to-Asset : 0.29 (As of Mar. 2024)


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What is Takaful International Co BSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Takaful International Co BSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was BHD12.71 Mil. Takaful International Co BSC's Total Assets for the quarter that ended in Mar. 2024 was BHD44.08 Mil. Therefore, Takaful International Co BSC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.29.

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

BAH:TAKAFUL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.23   Max: 0.32
Current: 0.29

During the past 13 years, the highest Equity to Asset Ratio of Takaful International Co BSC was 0.32. The lowest was 0.15. And the median was 0.23.

BAH:TAKAFUL's Equity-to-Asset is not ranked
in the Insurance industry.
Industry Median: 0.24 vs BAH:TAKAFUL: 0.29

Takaful International Co BSC Equity-to-Asset Historical Data

The historical data trend for Takaful International Co BSC'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.

Takaful International Co BSC Equity-to-Asset Chart

Takaful International Co BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.27 0.32 0.31 0.31

Takaful International Co BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.29 0.28 0.30 0.31 0.29

Competitive Comparison of Takaful International Co BSC's Equity-to-Asset

For the Insurance - Diversified subindustry, Takaful International Co BSC'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.


Takaful International Co BSC's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Takaful International Co BSC's Equity-to-Asset falls into.



Takaful International Co BSC 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.

Takaful International Co BSC's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=12.888/41.589
=0.31

Takaful International Co BSC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=12.705/44.078
=0.29

* 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.


Takaful International Co BSC  (BAH:TAKAFUL) 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%.


Takaful International Co BSC Equity-to-Asset Related Terms

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Takaful International Co BSC (BAH:TAKAFUL) Business Description

Traded in Other Exchanges
N/A
Address
Building 680, Road 2811, P.O Box 3230, Seef District 428, Manama, BHR
Takaful International Co BSC is an Islamic insurance company. The business activity of the group is operated through Motor and General Accident, Fire, Marine and Medical Takaful segments. The company offers motor insurance products; family takaful and healthcare insurance products, property and casualty insurance products, general accident and liability insurance, as well as aviation and medical expenses coverage products. It serves individuals and corporations. Geographically operates through the region of the Kingdom of Bahrain and the State of Qatar.

Takaful International Co BSC (BAH:TAKAFUL) Headlines

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