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Life Insurance Nepal (XNEP:LICN) Equity-to-Asset : 0.04 (As of Apr. 2024)


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What is Life Insurance Nepal Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Life Insurance Nepal's Total Stockholders Equity for the quarter that ended in Apr. 2024 was NPR5,403 Mil. Life Insurance Nepal's Total Assets for the quarter that ended in Apr. 2024 was NPR123,947 Mil. Therefore, Life Insurance Nepal's Equity to Asset Ratio for the quarter that ended in Apr. 2024 was 0.04.

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

XNEP:LICN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.95   Max: 0.97
Current: 0.04

During the past 12 years, the highest Equity to Asset Ratio of Life Insurance Nepal was 0.97. The lowest was 0.04. And the median was 0.95.

XNEP:LICN's Equity-to-Asset is ranked worse than
91% of 500 companies
in the Insurance industry
Industry Median: 0.24 vs XNEP:LICN: 0.04

Life Insurance Nepal Equity-to-Asset Historical Data

The historical data trend for Life Insurance Nepal'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.

Life Insurance Nepal Equity-to-Asset Chart

Life Insurance Nepal Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.93 0.93 0.93 0.93

Life Insurance Nepal Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Jan22 Apr22 Oct22 Jan23 Apr23 Oct23 Jan24 Apr24
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 0.93 0.93 0.05 0.05 0.04

Competitive Comparison of Life Insurance Nepal's Equity-to-Asset

For the Insurance - Life subindustry, Life Insurance Nepal'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.


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

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

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



Life Insurance Nepal 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.

Life Insurance Nepal's Equity to Asset Ratio for the fiscal year that ended in Jul. 2020 is calculated as

Equity to Asset (A: Jul. 2020 )=Total Stockholders Equity/Total Assets
=70354.249/75643.413
=0.93

Life Insurance Nepal's Equity to Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

Equity to Asset (Q: Apr. 2024 )=Total Stockholders Equity/Total Assets
=5402.727/123946.503
=0.04

* 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.


Life Insurance Nepal  (XNEP:LICN) 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%.


Life Insurance Nepal Equity-to-Asset Related Terms

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


Life Insurance Nepal (XNEP:LICN) Business Description

Traded in Other Exchanges
N/A
Address
Star Mall, PO Box No 21905, 4th Floor, Putalisadak, Kathmandu, NPL
Life Insurance Corp Nepal Ltd is operative in the field of financial services. A joint venture between Life Insurance Corporation of India and Vishal Group of Nepal, it is one of the largest capitalized insurance companies in Nepal. It offers a range of life insurance products such as endowment plans, child plans, money back plans, and services like a revival of a lapsed policy, policy loans, nominations, and bonuses to policyholders. The company's major source of revenue is through insurance premiums, which are received either by direct remittance of cheque or bank draft.