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Saudi Reinsurance Co (SAU:8200) Equity-to-Asset

: 0.43 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Saudi Reinsurance Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼1,146.8 Mil. Saudi Reinsurance Co's Total Assets for the quarter that ended in Dec. 2023 was ﷼2,689.9 Mil. Therefore, Saudi Reinsurance Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.43.

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

SAU:8200' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.38   Max: 0.46
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of Saudi Reinsurance Co was 0.46. The lowest was 0.33. And the median was 0.38.

SAU:8200's Equity-to-Asset is ranked better than
80.93% of 493 companies
in the Insurance industry
Industry Median: 0.24 vs SAU:8200: 0.43

Saudi Reinsurance Co Equity-to-Asset Historical Data

The historical data trend for Saudi Reinsurance 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.

Saudi Reinsurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.33 0.46 0.45 0.43

Saudi Reinsurance 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 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 0.45 0.42 0.43 0.45 0.43

Competitive Comparison

For the Insurance - Reinsurance subindustry, Saudi Reinsurance 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.


Saudi Reinsurance Co Equity-to-Asset Distribution

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

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



Saudi Reinsurance 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.

Saudi Reinsurance Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1146.822/2689.947
=0.43

Saudi Reinsurance 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
=1146.822/2689.947
=0.43

* 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.


Saudi Reinsurance Co  (SAU:8200) 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%.


Saudi Reinsurance Co Equity-to-Asset Related Terms

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Saudi Reinsurance Co (SAU:8200) Business Description

Traded in Other Exchanges
N/A
Address
4130 Northern Ring Road, Al Wadi District.13, Unit number 1, Riyadh, SAU, 13313-6684
Saudi Reinsurance Co is engaged in providing insurance and reinsurance related services. It operates its business in seven reportable segments including Engineering, Fire insurance, Marine insurance, Motor insurance, Term life insurance, Speciality and General Accident. The company has a geographical presence in Kingdom of Saudi Arabia, Other Middle Eastern Countries, Africa, Asia, and Other territories.

Saudi Reinsurance Co (SAU:8200) Headlines

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