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Swan Life (XMAU:ANGM.I0000) Equity-to-Asset : 0.04 (As of Sep. 2023)


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What is Swan Life Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Swan Life's Total Stockholders Equity for the quarter that ended in Sep. 2023 was MUR2,702 Mil. Swan Life's Total Assets for the quarter that ended in Sep. 2023 was MUR61,626 Mil.

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

XMAU:ANGM.I0000' s Equity-to-Asset Range Over the Past 10 Years
Min: 0   Med: 0.03   Max: 0.08
Current: 0.04

During the past 13 years, the highest Equity to Asset Ratio of Swan Life was 0.08. The lowest was 0.00. And the median was 0.03.

XMAU:ANGM.I0000's Equity-to-Asset is ranked worse than
91.37% of 498 companies
in the Insurance industry
Industry Median: 0.24 vs XMAU:ANGM.I0000: 0.04

Swan Life Equity-to-Asset Historical Data

The historical data trend for Swan Life'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.

Swan Life Equity-to-Asset Chart

Swan Life Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.03 0.03 0.04 0.04

Swan Life Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.04 0.04 0.08 0.04 0.04

Competitive Comparison of Swan Life's Equity-to-Asset

For the Insurance - Life subindustry, Swan Life'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.


Swan Life's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Swan Life's Equity-to-Asset falls into.



Swan Life 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.

Swan Life's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=2457.364/55348.237
=0.04

Swan Life's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=2701.632/61626.286
=

* 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.


Swan Life  (XMAU:ANGM.I0000) 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%.


Swan Life Equity-to-Asset Related Terms

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


Swan Life (XMAU:ANGM.I0000) Business Description

Traded in Other Exchanges
N/A
Address
10 Intendance Street, Swan Centre, Port Louis, MUS
Swan Life Ltd is a Mauritius-based company. It provides non-banking financial solutions, from general insurance, life assurance, pension, and actuarial services, pension administration, investment advisory, wealth management, and securities trading for corporate clients and individual customers. The business operates in one segment which is Long-Term Insurance Business. The company receives maximum revenue from the premiums on the insurance sold.

Swan Life (XMAU:ANGM.I0000) Headlines

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