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Liva Insurance Co (SAU:8280) 3-Year ROIIC % : 0.00% (As of Dec. 2023)


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What is Liva Insurance Co 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Liva Insurance Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Liva Insurance Co's 3-Year ROIIC % or its related term are showing as below:

SAU:8280's 3-Year ROIIC % is not ranked *
in the Insurance industry.
Industry Median: 2.47
* Ranked among companies with meaningful 3-Year ROIIC % only.

Liva Insurance Co 3-Year ROIIC % Historical Data

The historical data trend for Liva Insurance Co's 3-Year ROIIC % 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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Liva Insurance Co 3-Year ROIIC % Chart

Liva Insurance Co Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
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Liva Insurance Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Liva Insurance Co's 3-Year ROIIC %

For the Insurance - Diversified subindustry, Liva Insurance Co's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.


Liva Insurance Co's 3-Year ROIIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Liva Insurance Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Liva Insurance Co's 3-Year ROIIC % falls into.



Liva Insurance Co 3-Year ROIIC % Calculation

Liva Insurance Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 0 (Dec. 2023) - -0 (Dec. 2020) )/( 747.8522 (Dec. 2023) - 605.8545 (Dec. 2020) )
=/141.9977
=0.00%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Liva Insurance Co  (SAU:8280) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Liva Insurance Co 3-Year ROIIC % Related Terms

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Liva Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
8428 King Fahad Road, P.O. Box 6393, Grand Tower, Floor 20, Al Muhammadiyah District, Riyadh, SAU, 11442
Liva Insurance Co formerly, Al Alamiya for Cooperative Insurance Co operates in the insurance industry. The activities of the company are to transact cooperative insurance and reinsurance operations. The company offers products in the segments of Property insurance; Motor insurance; Engineering; Medical products; Marine insurance; Group life insurance and others, of which key revenue is derived from the Motor insurance segment which provides coverage against losses and liability related to motor vehicles, excluding transport insurance. The company's objectives are also focused on practicing cooperative insurance business and all related businesses such as reinsurance, agencies, representation and correspondence.

Liva Insurance Co Headlines

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