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Insurance Australia Group (Insurance Australia Group) Equity-to-Asset

: 0.27 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Insurance Australia Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,440 Mil. Insurance Australia Group's Total Assets for the quarter that ended in Dec. 2023 was $16,704 Mil. Therefore, Insurance Australia Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.27.

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

IAUGY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.22   Max: 0.27
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of Insurance Australia Group was 0.27. The lowest was 0.18. And the median was 0.22.

IAUGY's Equity-to-Asset is ranked better than
56.8% of 493 companies
in the Insurance industry
Industry Median: 0.24 vs IAUGY: 0.27

Insurance Australia Group Equity-to-Asset Historical Data

The historical data trend for Insurance Australia Group'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.

Insurance Australia Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.21 0.19 0.18 0.19

Insurance Australia Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.18 0.18 0.19 0.19 0.27

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Insurance Australia Group'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.


Insurance Australia Group Equity-to-Asset Distribution

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

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



Insurance Australia Group 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.

Insurance Australia Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=4463.087/23507.383
=0.19

Insurance Australia Group'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
=4439.759/16704.15
=0.27

* 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.


Insurance Australia Group  (OTCPK:IAUGY) 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%.


Insurance Australia Group Equity-to-Asset Related Terms

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Insurance Australia Group (Insurance Australia Group) Business Description

Address
Darling Park, 201 Sussex Street, Level 13, Tower Two, Sydney, NSW, AUS, 2000
Insurance Australia Group is the biggest domestic general insurer by gross written premium operating in Australia and New Zealand. The key general insurance markets in which the company operates are home and contents, motor vehicle and compulsory third-party, and short-tail commercial. Insurance Australia Group sells insurance under several brands, including NRMA, CGU, SGIO, SGIC, WFI, and Swann in Australia, and NZI, State, AMI, and Lumley in New Zealand.