Saga (LSE:SAGA) Equity-to-Asset : 0.12 (As of Jan. 2024)

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What is Saga Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Saga's Total Stockholders Equity for the quarter that ended in Jan. 2024 was £223.5 Mil. Saga's Total Assets for the quarter that ended in Jan. 2024 was £1,882.8 Mil. Therefore, Saga's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.12.

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

LSE:SAGA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12 Med: 0.33 Max: 0.46
Current: 0.12

During the past 13 years, the highest Equity to Asset Ratio of Saga was 0.46. The lowest was 0.12. And the median was 0.33.

LSE:SAGA's Equity-to-Asset is ranked worse than
72.15% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs LSE:SAGA: 0.12

Saga Equity-to-Asset Historical Data

The historical data trend for Saga'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.

Saga Equity-to-Asset Chart

Saga Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Equity-to-Asset

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0.28

0.31

0.28

0.19

0.12

Saga Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial															0.28	0.19	0.19	0.15	0.12

Competitive Comparison of Saga's Equity-to-Asset

For the Insurance - Diversified subindustry, Saga'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.

Saga's Equity-to-Asset Distribution in the Insurance Industry

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

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

Saga 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.

Saga's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	223.5	/	1882.8
	=	0.12

Saga's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	223.5	/	1882.8
	=	0.12

Saga (LSE:SAGA) 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%.

Saga Equity-to-Asset Related Terms

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Saga (LSE:SAGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Saga PLC (LSE:SAGA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SAGAl:UK 65J:Germany

Address

3 Pancras Square, London, GBR, N1C 4AG

Website

https://www.saga.co.uk

Saga PLC is a diversified insurance company that also offers lifestyle products and services. The company operates in two main segments: insurance, Cruise and travel. The company generates the vast majority of its revenue from the insurance segment, specifically through premiums and credit income. This segment offers retail motor broking, retail home broking, and underwriting products and services. The travel segment provides group tours, holiday packages, and cruises. Saga's customers are people aged 50 and older, and all revenue comes from the United Kingdom and also from Cruise and travel segment.