International General Insurance Holdings (International General Insurance Holdings) Equity-to-Asset : 0.29 (As of Dec. 2023)

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What is International General Insurance Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. International General Insurance Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $540.4 Mil. International General Insurance Holdings's Total Assets for the quarter that ended in Dec. 2023 was $1,837.9 Mil. Therefore, International General Insurance Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

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

IGIC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26 Med: 0.3 Max: 0.33
Current: 0.29

During the past 7 years, the highest Equity to Asset Ratio of International General Insurance Holdings was 0.33. The lowest was 0.26. And the median was 0.30.

IGIC's Equity-to-Asset is ranked better than
60.2% of 490 companies
in the Insurance industry
Industry Median: 0.24 vs IGIC: 0.29

International General Insurance Holdings Equity-to-Asset Historical Data

The historical data trend for International General Insurance Holdings'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.

International General Insurance Holdings Equity-to-Asset Chart

International General Insurance Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.31

0.30

0.28

0.26

0.29

International General Insurance Holdings Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.26	0.27	0.27	0.27	0.29

Competitive Comparison of International General Insurance Holdings's Equity-to-Asset

For the Insurance - Diversified subindustry, International General Insurance Holdings'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.

International General Insurance Holdings's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where International General Insurance Holdings's Equity-to-Asset falls into.

International General Insurance Holdings 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.

International General Insurance Holdings'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
	=	540.43	/	1837.9
	=	0.29

International General Insurance Holdings'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
	=	540.43	/	1837.9
	=	0.29

International General Insurance Holdings (NAS:IGIC) 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%.

International General Insurance Holdings Equity-to-Asset Related Terms

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

International General Insurance Holdings (International General Insurance Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » International General Insurance Holdings Ltd (NAS:IGIC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

74 Abdel Hamid Sharaf Street, P.O. Box 941428, Amman, JOR, 11194

Website

https://www.iginsure.com

International General Insurance Holdings Ltd is an international specialist commercial insurer and a reinsurer, underwriting a diverse portfolio of specialty lines. The company operates in a portfolio of Energy, Property, Construction, Engineering, Ports and terminals, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors and Officers, Political Violence, Forestry, and Treaty Reinsurance. Its operating segment includes Specialty Longtail; Specialty Short tail and Reinsurance. The company generates maximum revenue in the United Kingdom.