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ICICI Lombard General Insurance Co (BOM:540716) Equity-to-Asset : 0.19 (As of Dec. 2023)


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What is ICICI Lombard General Insurance Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ICICI Lombard General Insurance Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹116,973 Mil. ICICI Lombard General Insurance Co's Total Assets for the quarter that ended in Dec. 2023 was ₹616,373 Mil. Therefore, ICICI Lombard General Insurance Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.19.

The historical rank and industry rank for ICICI Lombard General Insurance Co's Equity-to-Asset or its related term are showing as below:

BOM:540716' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.18   Max: 0.2
Current: 0.19

During the past 11 years, the highest Equity to Asset Ratio of ICICI Lombard General Insurance Co was 0.20. The lowest was 0.16. And the median was 0.18.

BOM:540716's Equity-to-Asset is ranked worse than
57.52% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs BOM:540716: 0.19

ICICI Lombard General Insurance Co Equity-to-Asset Historical Data

The historical data trend for ICICI Lombard General 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.

* Premium members only.

ICICI Lombard General Insurance Co Equity-to-Asset Chart

ICICI Lombard General Insurance Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.16 0.19 0.18 0.19

ICICI Lombard General Insurance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.18 0.19 0.19 0.19 0.19

Competitive Comparison of ICICI Lombard General Insurance Co's Equity-to-Asset

For the Insurance - Diversified subindustry, ICICI Lombard General 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.


ICICI Lombard General Insurance Co's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ICICI Lombard General Insurance Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ICICI Lombard General Insurance Co's Equity-to-Asset falls into.



ICICI Lombard General Insurance Co 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.

ICICI Lombard General Insurance Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=104439.435/550862.044
=0.19

ICICI Lombard General Insurance Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=116973.4/616373.1
=0.19

* 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.


ICICI Lombard General Insurance Co  (BOM:540716) 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%.


ICICI Lombard General Insurance Co Equity-to-Asset Related Terms

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


ICICI Lombard General Insurance Co (BOM:540716) Business Description

Traded in Other Exchanges
Address
414, Veer Savarkar Marg, ICICI Lombard House, Near Siddhivinayak Temple, Prabhadevi, Mumbai, MH, IND, 400 025
ICICI Lombard General Insurance Co Ltd is a general insurance company. Its business activities include Fire; Engineering; Marine and Liability. The company products include Motor Insurance; Car Insurance; Two Wheeler Insurance; Health Insurance; Complete Health Insurance; Health Booster; Personal Accident Insurance; International Travel Insurance; Home Insurance; Marine Insurance; NRI Insurance Services; Business Insurance; Third Party Insurance; Crop Insurance and Rural Insurance. Geographically, it operates only in India.

ICICI Lombard General Insurance Co (BOM:540716) Headlines

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