Bupa Arabia for Cooperative Insurance Co (SAU:8210) Debt-to-Equity : 0.04 (As of Dec. 2023)

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What is Bupa Arabia for Cooperative Insurance Co Debt-to-Equity?

Bupa Arabia for Cooperative Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼0 Mil. Bupa Arabia for Cooperative Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼166 Mil. Bupa Arabia for Cooperative Insurance Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼4,676 Mil. Bupa Arabia for Cooperative Insurance Co's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Bupa Arabia for Cooperative Insurance Co's Debt-to-Equity or its related term are showing as below:

SAU:8210' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.04
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Bupa Arabia for Cooperative Insurance Co was 0.04. The lowest was 0.03. And the median was 0.04.

SAU:8210's Debt-to-Equity is ranked better than
82.98% of 382 companies
in the Insurance industry
Industry Median: 0.25 vs SAU:8210: 0.04

Bupa Arabia for Cooperative Insurance Co Debt-to-Equity Historical Data

The historical data trend for Bupa Arabia for Cooperative Insurance Co's Debt-to-Equity 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.

Bupa Arabia for Cooperative Insurance Co Debt-to-Equity Chart

Bupa Arabia for Cooperative Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.04

0.03

0.04

Bupa Arabia for Cooperative Insurance Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.04	0.04	0.04	0.04

Competitive Comparison of Bupa Arabia for Cooperative Insurance Co's Debt-to-Equity

For the Insurance - Specialty subindustry, Bupa Arabia for Cooperative Insurance Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Bupa Arabia for Cooperative Insurance Co's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Bupa Arabia for Cooperative Insurance Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bupa Arabia for Cooperative Insurance Co's Debt-to-Equity falls into.

Bupa Arabia for Cooperative Insurance Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bupa Arabia for Cooperative Insurance Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	166.066)	/	4675.529
	=	0.04

Bupa Arabia for Cooperative Insurance Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	166.066)	/	4675.529
	=	0.04

Bupa Arabia for Cooperative Insurance Co (SAU:8210) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Bupa Arabia for Cooperative Insurance Co Debt-to-Equity Related Terms

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Bupa Arabia for Cooperative Insurance Co (SAU:8210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Bupa Arabia for Cooperative Insurance Co (SAU:8210) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Saud Al Fasial Street, P.O. Box 23807, Front of Saudi Airlines Cargo Building, Al-Khalediyah District, Jeddah, SAU, 21436

Website

https://www.bupa.com.sa

Bupa Arabia for Cooperative Insurance Co is a special-purpose insurance company based in Saudi Arabia. The Company issues short-term insurance contracts for providing health care services (medical insurance). All the insurance operations of the Group are carried out in the Kingdom of Saudi Arabia. The company operates in two customer categories namely major customers and non- major customers. It derives a majority of its premium from major customers. major customers represent members of large corporations.

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