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Alliance Insurance PSC (DFM:ALLIANCE) Equity-to-Asset : 0.42 (As of Mar. 2024)


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What is Alliance Insurance PSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alliance Insurance PSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was د.إ565.9 Mil. Alliance Insurance PSC's Total Assets for the quarter that ended in Mar. 2024 was د.إ1,346.2 Mil. Therefore, Alliance Insurance PSC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.42.

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

DFM:ALLIANCE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.37   Max: 0.42
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of Alliance Insurance PSC was 0.42. The lowest was 0.32. And the median was 0.37.

DFM:ALLIANCE's Equity-to-Asset is not ranked
in the Insurance industry.
Industry Median: 0.24 vs DFM:ALLIANCE: 0.42

Alliance Insurance PSC Equity-to-Asset Historical Data

The historical data trend for Alliance Insurance PSC'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.

Alliance Insurance PSC Equity-to-Asset Chart

Alliance Insurance PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.36 0.42 0.41 0.42

Alliance Insurance PSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-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 0.42 0.42 0.41 0.42 0.42

Competitive Comparison of Alliance Insurance PSC's Equity-to-Asset

For the Insurance - Diversified subindustry, Alliance Insurance PSC'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.


Alliance Insurance PSC's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Alliance Insurance PSC's Equity-to-Asset falls into.



Alliance Insurance PSC 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.

Alliance Insurance PSC'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
=560.241/1321.277
=0.42

Alliance Insurance PSC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=565.873/1346.187
=0.42

* 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.


Alliance Insurance PSC  (DFM:ALLIANCE) 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%.


Alliance Insurance PSC Equity-to-Asset Related Terms

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


Alliance Insurance PSC (DFM:ALLIANCE) Business Description

Traded in Other Exchanges
N/A
Address
Abu Baker Siddique Road, P.O. Box: 5501, 2nd and 3rd Floor, Elegant Warba Centre, Deira, Dubai, ARE
Alliance Insurance PSC is a provider of short term and long term insurance services to individuals, corporations and government bodies. The company is organized into two business segments: Property and liability insurance segment that comprises of property, motor, aviation, marine, fire, engineering, medical, and general accidents; and Insurance of persons and fund accumulation operations segment.

Alliance Insurance PSC (DFM:ALLIANCE) Headlines

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