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Clal Insurance Enterprises Holdings (XTAE:CLIS) Equity-to-Asset : 0.05 (As of Mar. 2024)


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What is Clal Insurance Enterprises Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Clal Insurance Enterprises Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₪8,745 Mil. Clal Insurance Enterprises Holdings's Total Assets for the quarter that ended in Mar. 2024 was ₪164,765 Mil. Therefore, Clal Insurance Enterprises Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.05.

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

XTAE:CLIS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.05   Max: 0.06
Current: 0.05

During the past 13 years, the highest Equity to Asset Ratio of Clal Insurance Enterprises Holdings was 0.06. The lowest was 0.04. And the median was 0.05.

XTAE:CLIS's Equity-to-Asset is ranked worse than
89.34% of 497 companies
in the Insurance industry
Industry Median: 0.24 vs XTAE:CLIS: 0.05

Clal Insurance Enterprises Holdings Equity-to-Asset Historical Data

The historical data trend for Clal Insurance Enterprises 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.

Clal Insurance Enterprises Holdings Equity-to-Asset Chart

Clal Insurance Enterprises Holdings 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 0.05 0.05 0.05 0.06 0.05

Clal Insurance Enterprises Holdings 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 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of Clal Insurance Enterprises Holdings's Equity-to-Asset

For the Insurance - Diversified subindustry, Clal Insurance Enterprises 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.


Clal Insurance Enterprises Holdings's Equity-to-Asset Distribution in the Insurance Industry

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

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



Clal Insurance Enterprises 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.

Clal Insurance Enterprises 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
=8581/163617
=0.05

Clal Insurance Enterprises Holdings'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
=8745/164765
=0.05

* 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.


Clal Insurance Enterprises Holdings  (XTAE:CLIS) 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%.


Clal Insurance Enterprises Holdings Equity-to-Asset Related Terms

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


Clal Insurance Enterprises Holdings (XTAE:CLIS) Business Description

Traded in Other Exchanges
N/A
Address
36 Raul Wallenberg Road, Kiryat Atidim, Tower 8, Tel Aviv, ISR, 6136902
Clal Insurance Enterprises Holdings Ltd is an insurance company, part of IDB Group, a conglomerate from Israel. Its lines of business are: Nonlife insurance, Health insurance, Pensions, and provident funds for private and corporate clients. Clal insurance divisions are: nonlife insurance, long-term savings, and health. The nonlife insurance division offers automotive, property, personal accidents, guarantees, liability, and marine insurance, among others. The life insurance and long-term savings division manages long-term assets, such as life insurance, pensions, and funds. The health insurance division consists of health insurance products, such as local and overseas surgeries, transplants, medications, critical illness, long-term care, and accidents. The company's main market is Israel.

Clal Insurance Enterprises Holdings (XTAE:CLIS) Headlines