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Takaful Oman InsuranceOG (MUS:TAOI) Equity-to-Asset : 0.60 (As of Dec. 2017)


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What is Takaful Oman InsuranceOG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Takaful Oman InsuranceOG's Total Stockholders Equity for the quarter that ended in Dec. 2017 was ر.ع15.89 Mil. Takaful Oman InsuranceOG's Total Assets for the quarter that ended in Dec. 2017 was ر.ع26.48 Mil. Therefore, Takaful Oman InsuranceOG's Equity to Asset Ratio for the quarter that ended in Dec. 2017 was 0.60.

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

MUS:TAOI's Equity-to-Asset is not ranked *
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Equity-to-Asset only.

Takaful Oman InsuranceOG Equity-to-Asset Historical Data

The historical data trend for Takaful Oman InsuranceOG'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 Oman InsuranceOG Equity-to-Asset Chart

Takaful Oman InsuranceOG Annual Data
Trend Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
0.92 0.73 0.59 0.60

Takaful Oman InsuranceOG Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.59 0.56 0.56 0.59 0.60

Competitive Comparison of Takaful Oman InsuranceOG's Equity-to-Asset

For the Insurance - Diversified subindustry, Takaful Oman InsuranceOG'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 Oman InsuranceOG's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Takaful Oman InsuranceOG's Equity-to-Asset falls into.



Takaful Oman InsuranceOG 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 Oman InsuranceOG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=15.894/26.484
=0.60

Takaful Oman InsuranceOG's Equity to Asset Ratio for the quarter that ended in Dec. 2017 is calculated as

Equity to Asset (Q: Dec. 2017 )=Total Stockholders Equity/Total Assets
=15.894/26.484
=0.60

* 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 Oman InsuranceOG  (MUS:TAOI) 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 Oman InsuranceOG Equity-to-Asset Related Terms

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


Takaful Oman InsuranceOG (MUS:TAOI) Business Description

Traded in Other Exchanges
N/A
Address
P.O. BOX 207, Bareeq Al Shatti, Muscat, OMN, 134
Takaful Oman Insurance SAOG operates as an Islamic insurance provider in the Sultanate of Oman. It operates through two segments, General Takaful and Family Takaful. Its General Takaful segment which contributes majorly towards firm's revenue includes medical, fire, general accident and marine and cargo insurance. The company's products include group family, group health, group creditor, domestic helper, and travel takaful plans; and motor insurance, personal accident, workmen's compensation, marine cargo, property all risk, machinery breakdown, erection all risk, contractor's plant and equipment, and contractor's all risk takaful products.

Takaful Oman InsuranceOG (MUS:TAOI) Headlines

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