Atlantic Insurance Co Public (CYS:ATL) Equity-to-Asset : 0.74 (As of Dec. 2023)

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What is Atlantic Insurance Co Public Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atlantic Insurance Co Public's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €58.25 Mil. Atlantic Insurance Co Public's Total Assets for the quarter that ended in Dec. 2023 was €78.78 Mil. Therefore, Atlantic Insurance Co Public's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.74.

The historical rank and industry rank for Atlantic Insurance Co Public's Equity-to-Asset or its related term are showing as below:

CYS:ATL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.58 Max: 0.74
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of Atlantic Insurance Co Public was 0.74. The lowest was 0.44. And the median was 0.58.

CYS:ATL's Equity-to-Asset is ranked better than
95.52% of 491 companies
in the Insurance industry
Industry Median: 0.24 vs CYS:ATL: 0.74

Atlantic Insurance Co Public Equity-to-Asset Historical Data

The historical data trend for Atlantic Insurance Co Public's Equity-to-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.

* Premium members only.

Atlantic Insurance Co Public Equity-to-Asset Chart

Atlantic Insurance Co Public Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.55

0.62

0.70

0.74

Atlantic Insurance Co Public Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.70	0.60	0.70	0.68	0.74

Competitive Comparison of Atlantic Insurance Co Public's Equity-to-Asset

For the Insurance - Property & Casualty subindustry, Atlantic Insurance Co Public's Equity-to-Asset, along with its competitors' market caps and Equity-to-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.

Atlantic Insurance Co Public's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Atlantic Insurance Co Public's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Atlantic Insurance Co Public's Equity-to-Asset falls into.

Atlantic Insurance Co Public Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Atlantic Insurance Co Public's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	58.252	/	78.779
	=	0.74

Atlantic Insurance Co Public's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	58.252	/	78.779
	=	0.74

Atlantic Insurance Co Public (CYS:ATL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Atlantic Insurance Co Public Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Atlantic Insurance Co Public's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Atlantic Insurance Co Public (CYS:ATL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Atlantic Insurance Co Public Ltd (CYS:ATL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Esperidon Street, Atlantic Building, Strovolos, CYP, CY-2001

Website

https://www.atlantic.com.cy

Atlantic Insurance Co Public Ltd is an insurance company based in Cyprus. The company's operating segment includes general Insurance and Financial Services. It generates maximum revenue in the form of Premiums from the Insurance segment. The company offers undertaking of insurance business of the classes such as Motor, Household, Fire and Special Perils, Burglary, Medical, Personal Accident, Health Insurance, Travel, and Marine Cargo and other Property Damage, General Liability, Credit and Guarantees and miscellaneous, general business, the possession of land with the intention of its division into plots and their disposal and the provision of financial consultancy and brokerage services.

Atlantic Insurance Co Public (CYS:ATL) Headlines

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