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Gulf Insurance Group (SAU:8250) Equity-to-Asset : 0.36 (As of Mar. 2024)


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What is Gulf Insurance Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gulf Insurance Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼1,030 Mil. Gulf Insurance Group's Total Assets for the quarter that ended in Mar. 2024 was ﷼2,838 Mil. Therefore, Gulf Insurance Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.36.

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

SAU:8250' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.3   Max: 0.39
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of Gulf Insurance Group was 0.39. The lowest was 0.18. And the median was 0.30.

SAU:8250's Equity-to-Asset is ranked better than
70.71% of 495 companies
in the Insurance industry
Industry Median: 0.24 vs SAU:8250: 0.36

Gulf Insurance Group Equity-to-Asset Historical Data

The historical data trend for Gulf Insurance Group'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.

Gulf Insurance Group Equity-to-Asset Chart

Gulf Insurance Group 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 0.28 0.32 0.38 0.36 0.36

Gulf Insurance Group 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 0.39 0.32 0.32 0.36 0.36

Competitive Comparison of Gulf Insurance Group's Equity-to-Asset

For the Insurance - Diversified subindustry, Gulf Insurance Group'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.


Gulf Insurance Group's Equity-to-Asset Distribution in the Insurance Industry

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

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



Gulf Insurance Group 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.

Gulf Insurance Group'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
=1064.84/2960.458
=0.36

Gulf Insurance Group'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
=1030.371/2837.57
=0.36

* 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.


Gulf Insurance Group  (SAU:8250) 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%.


Gulf Insurance Group Equity-to-Asset Related Terms

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


Gulf Insurance Group (SAU:8250) Business Description

Traded in Other Exchanges
N/A
Address
King Abdullah Road, P.O. Box 753, Al Nuzha District, Riyadh, SAU, 11421
Gulf Insurance Group operates in the insurance industry. The company's line of business includes health, motor, marine, property, engineering, accident, liability, and protection insurance. It has various segments which include Motor, Property and Casualty, Health, and Protection. The majority of the revenue is generated from its Motor insurance segment which is intended to compensate the policyholder for damage to the vehicle or liability to third parties due to an accident.

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