Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SIC Insurance CoXGHA:SIC +5.03%55 Equity-to-Asset is 0.55 as of Jun. 2021, which is 17% above its 10-year median of 0.47. GuruFocus rates XGHA:SIC with a GF Score™ of 55/100. The stock has 1 warning sign investors should review. Among 501 Insurance companies, SIC Insurance Co ranks better than 88.62% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SIC Insurance Co's Total Stockholders Equity for the quarter that ended in Jun. 2021 was GHS294.39 Mil. SIC Insurance Co's Total Assets for the quarter that ended in Jun. 2021 was GHS534.11 Mil.
Therefore, SIC Insurance Co's Equity to Asset Ratio for the quarter that ended in Jun. 2021 was 0.55.
The historical rank and industry rank for SIC Insurance Co's Equity-to-Asset or its related term are showing as below:
XGHA:SIC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.47 Max: 0.59
Current: 0.59
During the past 13 years, the highest Equity to Asset Ratio of SIC Insurance Co was 0.59. The lowest was 0.29. And the median was 0.47.
XGHA:SIC's Equity-to-Asset is ranked better than 88.62% of 501
companies
in the Insurance industry
Industry Median: 0.26
vs XGHA:SIC: 0.59
SIC Insurance Co (XGHA:SIC) 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%.
SIC Insurance Co Equity-to-Asset Related Terms
SIC Insurance Co Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for SIC 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.
XGHA:SIC vs CB, PGR, TRV: Equity-to-Asset Comparison
For the Insurance - Property & Casualty subindustry, SIC 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.
SIC Insurance Co Equity-to-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, SIC Insurance Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where SIC Insurance Co's Equity-to-Asset falls into.
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.
SIC Insurance Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 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.
SIC Insurance Co (XGHA:SIC) has a Equity-to-Asset of 0.55 as of Jun. 2021. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on SIC Insurance Co and its competitors. This is 17% above median its historical median of 0.47. Over the past decade, SIC Insurance Co's Equity-to-Asset has ranged from 0.29 to 0.59. According to the industry distribution chart, SIC Insurance Co ranks #57 out of 501 companies in the Insurance industry, placing it in the top 11.4%.
Is SIC Insurance Co's Equity-to-Asset too high?
SIC Insurance Co's current Equity-to-Asset of 0.55 is 17% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.59. The Insurance industry median Equity-to-Asset is 0.26. SIC Insurance Co's value of 0.55 is 111.5% above this industry median. Based on the distribution chart, SIC Insurance Co ranks #57 out of 501 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, SIC Insurance Co has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does SIC Insurance Co's Equity-to-Asset compare to CB and PGR?
According to the Insurance industry distribution chart, SIC Insurance Co ranks #57 out of 501 companies for Equity-to-Asset. This places SIC Insurance Co in the top 11% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.26. SIC Insurance Co's value of 0.55 is 111.5% above this benchmark. Historically, SIC Insurance Co's own Equity-to-Asset has ranged from 0.29 to 0.59 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.26, SIC Insurance Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Insurance company?
The median Equity-to-Asset among Insurance companies is 0.26, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SIC Insurance Co's current Equity-to-Asset of 0.55 is 111.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on SIC Insurance Co and its competitors. For the Insurance industry, the median Equity-to-Asset is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SIC Insurance Co's current Equity-to-Asset is 0.55, which is 17% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIC Insurance Co stock overvalued right now?
SIC Insurance Co (XGHA:SIC) has a current Equity-to-Asset of 0.55. The current Equity-to-Asset is 0.55, which is 17% above median its 10-year median of 0.47 and 111.5% above the Insurance industry median of 0.26. SIC Insurance Co's overall GF Score™ is 55/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For SIC Insurance Co (XGHA:SIC), the current Equity-to-Asset is 0.55 as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
SIC Insurance Co Ltd is a Ghana-based insurance company. It offers non-life insurance products, including Motor insurance, Fire insurance, Marine and aviation insurance, Bonds, Engineering, and Accident insurance. Along with its subsidiaries, the company also issues a diversified portfolio of investment services to provide its customers with asset management solutions for their savings and retirement needs, as well as undertaking brokerage services and corporate finance. The firm operates in Ghana. The company generates the majority of its revenue from Fire Insurance.
55GF Score
Get the complete analysis for XGHA:SIC
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XGHA:SIC has been successfully added to your 
