Kenya Reinsurance (NAI:KNRE) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

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What is Kenya Reinsurance LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Kenya Reinsurance's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Kenya Reinsurance's long-term debt to total assets ratio stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00).

Kenya Reinsurance LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kenya Reinsurance's LT-Debt-to-Total-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.

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Kenya Reinsurance LT-Debt-to-Total-Asset Chart

Kenya Reinsurance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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Kenya Reinsurance Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Kenya Reinsurance LT-Debt-to-Total-Asset Calculation

Kenya Reinsurance's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0	/	65978.015
	=	0.00

Kenya Reinsurance's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	15.514	/	65677.56
	=	0.00

Kenya Reinsurance (NAI:KNRE) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Kenya Reinsurance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Kenya Reinsurance Corp (NAI:KNRE) » Definitions » LT-Debt-to-Total-Asset

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Address

Taifa Road, P.O. Box 30721, 15th Floor, Reinsurance Plaza, Nairobi, KEN, 00100

Website

https://www.kenyare.co.ke

Kenya Reinsurance Corp operates in the insurance sector. Along with its subsidiaries, the firm provides underwriting of all classes of reinsurance business and investment activities. It operates in two segments: e long-term business and short-term business. Its short-term business segment comprises motor, marine, aviation, fire, and accident insurance, and its long-term business segment includes individual and group life insurance.

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