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Al Ahleia Insurance CoKP (KUW:AINS) Equity-to-Asset : 0.35 (As of Sep. 2024)


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What is Al Ahleia Insurance CoKP Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Al Ahleia Insurance CoKP's Total Stockholders Equity for the quarter that ended in Sep. 2024 was KWD147.5 Mil. Al Ahleia Insurance CoKP's Total Assets for the quarter that ended in Sep. 2024 was KWD423.1 Mil. Therefore, Al Ahleia Insurance CoKP's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.35.

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

KUW:AINS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.37   Max: 0.61
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Al Ahleia Insurance CoKP was 0.61. The lowest was 0.32. And the median was 0.37.

KUW:AINS's Equity-to-Asset is ranked better than
69.06% of 488 companies
in the Insurance industry
Industry Median: 0.25 vs KUW:AINS: 0.35

Al Ahleia Insurance CoKP Equity-to-Asset Historical Data

The historical data trend for Al Ahleia Insurance CoKP'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 Ahleia Insurance CoKP Equity-to-Asset Chart

Al Ahleia Insurance CoKP 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 0.35 0.34 0.41 0.38 0.37

Al Ahleia Insurance CoKP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.38 0.37 0.39 0.36 0.35

Competitive Comparison of Al Ahleia Insurance CoKP's Equity-to-Asset

For the Insurance - Diversified subindustry, Al Ahleia Insurance CoKP'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 Ahleia Insurance CoKP's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Al Ahleia Insurance CoKP's Equity-to-Asset falls into.



Al Ahleia Insurance CoKP 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 Ahleia Insurance CoKP'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
=139.772/374.661
=0.37

Al Ahleia Insurance CoKP's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=147.521/423.054
=0.35

* 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 Ahleia Insurance CoKP  (KUW:AINS) 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 Ahleia Insurance CoKP Equity-to-Asset Related Terms

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


Al Ahleia Insurance CoKP Business Description

Traded in Other Exchanges
N/A
Address
Ahmad Al-Jaber Street, Building 21, Block No. 2, P.O.Box 1602, Al Ahleia Insurance Company Tower, Al-Sharq, Safat, Kuwait, KWT, 13017
Al Ahleia Insurance Co SAKP is engaged in insurance sector. Its insurance products include Car insurance, Car insurance, Marine and aviation insurance and Fire and General Accident Insurance.

Al Ahleia Insurance CoKP Headlines

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