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Saudi Arabian Cooperative Insurance Co (SAU:8100) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Saudi Arabian Cooperative Insurance Co Debt-to-Equity?

Saudi Arabian Cooperative Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼0.0 Mil. Saudi Arabian Cooperative Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼0.0 Mil. Saudi Arabian Cooperative Insurance Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼316.8 Mil. Saudi Arabian Cooperative Insurance Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Saudi Arabian Cooperative Insurance Co's Debt-to-Equity or its related term are showing as below:

SAU:8100's Debt-to-Equity is not ranked *
in the Insurance industry.
Industry Median: 0.235
* Ranked among companies with meaningful Debt-to-Equity only.

Saudi Arabian Cooperative Insurance Co Debt-to-Equity Historical Data

The historical data trend for Saudi Arabian 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.

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Saudi Arabian Cooperative Insurance Co Debt-to-Equity Chart

Saudi Arabian Cooperative Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Saudi Arabian Cooperative Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Saudi Arabian Cooperative Insurance Co's Debt-to-Equity

For the Insurance - Diversified subindustry, Saudi Arabian 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.


Saudi Arabian Cooperative Insurance Co's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where Saudi Arabian Cooperative Insurance Co's Debt-to-Equity falls into.



Saudi Arabian Cooperative Insurance Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Saudi Arabian Cooperative Insurance Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Saudi Arabian Cooperative Insurance Co  (SAU:8100) 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.


Saudi Arabian Cooperative Insurance Co Debt-to-Equity Related Terms

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Saudi Arabian Cooperative Insurance Co (SAU:8100) Business Description

Traded in Other Exchanges
N/A
Address
Platinum Center, Salahuddin Street, P.O. Box- 58073, Riyadh, SAU, 11594
Saudi Arabian Cooperative Insurance Co provides various insurance and reinsurance services. It offers insurance services in the fields of vehicles, medical, sea shipment, fire, engineering, aviation, power, group life insurance and accidents. The objective of the Company is to transact cooperative insurance operations and related activities in the Kingdom of Saudi Arabia. The Company's lines of business include all classes of general and medical insurance.

Saudi Arabian Cooperative Insurance Co (SAU:8100) Headlines

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