Algr National Insurance Co's quarterly market cap
stayed the same
from Sep. 2023 (د.إ167.7 Mil) to Dec. 2023 (د.إ167.7 Mil) but then
declined
from Dec. 2023 (د.إ167.7 Mil) to Mar. 2024 (د.إ151.1 Mil).
Algr National Insurance Co's annual market cap
stayed the same
from Dec. 2021 (د.إ167.7 Mil) to Dec. 2022 (د.إ167.7 Mil) and
stayed the same
from Dec. 2022 (د.إ167.7 Mil) to Dec. 2023 (د.إ167.7 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Algr National Insurance Co's Enterprise Value for Today is د.إ346.4 Mil.
Algr National Insurance Co Market Cap Historical Data
* 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.
Competitive Comparison of Algr National Insurance Co's Market Cap
For the Insurance - Diversified subindustry, Algr National Insurance Co's Market Cap, along with its competitors' market caps and Market Cap 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.
Algr National Insurance Co's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Algr National Insurance Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Algr National Insurance Co's Market Cap falls into.
Algr National Insurance Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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.
Algr National Insurance Co (DFM:ASNIC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Algr National Insurance Co Market Cap Related Terms
Thank you for viewing the detailed overview of Algr National Insurance Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Algr National Insurance Co (DFM:ASNIC) Business Description
Al Sagr National Insurance Co is an insurance company. The company supports its clients with comprehensive insurance solutions to manage health, life, and general risks for individuals, SMEs, large companies, and multinational corporations. It is engaged in the writing of insurance including property, engineering, liability, marine cargo, marine hull, motor, medical, life, travel and miscellaneous insurance. The company is organized into two operating segments, general insurance, and life assurance. The company's revenue is generated from general insurance business segment. The company has its own Branches all over the UAE and has a large scale insurance interest in the Kingdom of Saudi Arabia and Jordan.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DFM:ASNIC has been successfully added to your 