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Arabian Shield Cooperative Insurance Co (SAU:8070) Return-on-Tangible-Asset : 0.78% (As of Mar. 2025)


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What is Arabian Shield Cooperative Insurance Co Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Arabian Shield Cooperative Insurance Co's annualized Net Income for the quarter that ended in Mar. 2025 was ﷼26 Mil. Arabian Shield Cooperative Insurance Co's average total tangible assets for the quarter that ended in Mar. 2025 was ﷼3,289 Mil. Therefore, Arabian Shield Cooperative Insurance Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 0.78%.

The historical rank and industry rank for Arabian Shield Cooperative Insurance Co's Return-on-Tangible-Asset or its related term are showing as below:

SAU:8070' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.21   Med: 2.43   Max: 11.82
Current: 1.7

During the past 13 years, Arabian Shield Cooperative Insurance Co's highest Return-on-Tangible-Asset was 11.82%. The lowest was -1.21%. And the median was 2.43%.

SAU:8070's Return-on-Tangible-Asset is ranked worse than
58.03% of 498 companies
in the Insurance industry
Industry Median: 2.42 vs SAU:8070: 1.70

Arabian Shield Cooperative Insurance Co Return-on-Tangible-Asset Historical Data

The historical data trend for Arabian Shield Cooperative Insurance Co's Return-on-Tangible-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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Arabian Shield Cooperative Insurance Co Return-on-Tangible-Asset Chart

Arabian Shield Cooperative Insurance Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 2.76 -1.21 2.69 2.32

Arabian Shield Cooperative Insurance Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset 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 3.22 3.95 3.07 -0.76 0.78

Competitive Comparison of Arabian Shield Cooperative Insurance Co's Return-on-Tangible-Asset

For the Insurance - Property & Casualty subindustry, Arabian Shield Cooperative Insurance Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.


Arabian Shield Cooperative Insurance Co's Return-on-Tangible-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Arabian Shield Cooperative Insurance Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Arabian Shield Cooperative Insurance Co's Return-on-Tangible-Asset falls into.


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Arabian Shield Cooperative Insurance Co Return-on-Tangible-Asset Calculation

Arabian Shield Cooperative Insurance Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=70.995/( (2928.18+3192.282)/ 2 )
=70.995/3060.231
=2.32 %

Arabian Shield Cooperative Insurance Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=25.812/( (3192.282+3385.582)/ 2 )
=25.812/3288.932
=0.78 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


Arabian Shield Cooperative Insurance Co  (SAU:8070) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Arabian Shield Cooperative Insurance Co Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Arabian Shield Cooperative Insurance Co's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Arabian Shield Cooperative Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, Cercon Building No.15, PO Box 61352, Olaya Street, Riyadh, SAU, 11565
Arabian Shield Cooperative Insurance Co is engaged in the general and medical insurance business in Saudi Arabia. The company has insurance operation segments which include Motor, Medical, Property, Protection & Saving (P&S).Linked and non-linked, Engineering and Others The majority of revenue is generated from the Protection & Saving Linked.

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