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Dubai Islamic Insurance & Reinsurance Co PSC (DFM:AMAN) Equity-to-Asset : 0.06 (As of Mar. 2024)


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What is Dubai Islamic Insurance & Reinsurance Co PSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dubai Islamic Insurance & Reinsurance Co PSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was د.إ61.90 Mil. Dubai Islamic Insurance & Reinsurance Co PSC's Total Assets for the quarter that ended in Mar. 2024 was د.إ1,006.98 Mil. Therefore, Dubai Islamic Insurance & Reinsurance Co PSC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.06.

The historical rank and industry rank for Dubai Islamic Insurance & Reinsurance Co PSC's Equity-to-Asset or its related term are showing as below:

DFM:AMAN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.27
Current: 0.06

During the past 13 years, the highest Equity to Asset Ratio of Dubai Islamic Insurance & Reinsurance Co PSC was 0.27. The lowest was 0.04. And the median was 0.06.

DFM:AMAN's Equity-to-Asset is ranked worse than
86.69% of 496 companies
in the Insurance industry
Industry Median: 0.24 vs DFM:AMAN: 0.06

Dubai Islamic Insurance & Reinsurance Co PSC Equity-to-Asset Historical Data

The historical data trend for Dubai Islamic Insurance & Reinsurance Co 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.

Dubai Islamic Insurance & Reinsurance Co PSC Equity-to-Asset Chart

Dubai Islamic Insurance & Reinsurance Co 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 0.04 0.05 0.07 0.06 0.07

Dubai Islamic Insurance & Reinsurance Co PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.06 0.05 0.08 0.07 0.06

Competitive Comparison of Dubai Islamic Insurance & Reinsurance Co PSC's Equity-to-Asset

For the Insurance - Diversified subindustry, Dubai Islamic Insurance & Reinsurance Co 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.


Dubai Islamic Insurance & Reinsurance Co PSC's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dubai Islamic Insurance & Reinsurance Co PSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Dubai Islamic Insurance & Reinsurance Co PSC's Equity-to-Asset falls into.



Dubai Islamic Insurance & Reinsurance Co 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.

Dubai Islamic Insurance & Reinsurance Co 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
=76.525/1100.125
=0.07

Dubai Islamic Insurance & Reinsurance Co 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
=61.895/1006.977
=0.06

* 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.


Dubai Islamic Insurance & Reinsurance Co PSC  (DFM:AMAN) 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%.


Dubai Islamic Insurance & Reinsurance Co PSC Equity-to-Asset Related Terms

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


Dubai Islamic Insurance & Reinsurance Co PSC (DFM:AMAN) Business Description

Traded in Other Exchanges
N/A
Address
Oud Metha Road, Bur Dubai, P.O. Box: 157, Gulf Tower - B1 Mezzanine Floor,, Dubai, ARE
Dubai Islamic Insurance & Reinsurance Co PSC mainly issues short-term Takaful contracts in connection with motor, marine, fire, engineering, general accident risks, group life, credit life, individual life, and medical risks. The company also invests in investment securities and properties. The business operates in various segments that include Takaful Activities, Investment Activities, and Others. The Takaful Activities which include general and life insurance business generates maximum revenue for the company.

Dubai Islamic Insurance & Reinsurance Co PSC (DFM:AMAN) Headlines

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