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Zur Shamir Holdings (XTAE:ZUR) Liabilities-to-Assets : 0.88 (As of Sep. 2024)


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What is Zur Shamir Holdings Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Zur Shamir Holdings's Total Liabilities for the quarter that ended in Sep. 2024 was ₪19,656 Mil. Zur Shamir Holdings's Total Assets for the quarter that ended in Sep. 2024 was ₪22,318 Mil. Therefore, Zur Shamir Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.88.


Zur Shamir Holdings Liabilities-to-Assets Historical Data

The historical data trend for Zur Shamir Holdings's Liabilities-to-Assets 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.

Zur Shamir Holdings Liabilities-to-Assets Chart

Zur Shamir Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.88 0.86 0.87 0.87

Zur Shamir Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Liabilities-to-Assets 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 0.88 0.87 0.88 0.88 0.88

Competitive Comparison of Zur Shamir Holdings's Liabilities-to-Assets

For the Insurance - Property & Casualty subindustry, Zur Shamir Holdings's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Zur Shamir Holdings's Liabilities-to-Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zur Shamir Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Zur Shamir Holdings's Liabilities-to-Assets falls into.



Zur Shamir Holdings Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Zur Shamir Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=17911.944/20547.562
=0.87

Zur Shamir Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=19656.488/22318.164
=0.88

* 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.


Zur Shamir Holdings  (XTAE:ZUR) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Zur Shamir Holdings Liabilities-to-Assets Related Terms

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Zur Shamir Holdings Business Description

Traded in Other Exchanges
N/A
Address
35 Efal Street, Petach Tikva, ISR, 4951132
Zur Shamir Holdings Ltd is engaged in providing services in the insurance market, consumer credit, and real estate. The company's operating segment includes life assurance and long term savings, Health insurance, General insurance, Granting of consumer credit and Investment property. General insurance segment includes the lines of a motor act, motor casco, property and others and other liabilities. The Granting of consumer credit segment Includes granting of consumer credit activity for the acquisition of vehicles and others. It generates maximum revenue from the General insurance segment.

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