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Bupa Arabia for Cooperative Insurance Co (SAU:8210) Equity-to-Asset : 0.32 (As of Dec. 2023)


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What is Bupa Arabia for Cooperative Insurance Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bupa Arabia for Cooperative Insurance Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼4,676 Mil. Bupa Arabia for Cooperative Insurance Co's Total Assets for the quarter that ended in Dec. 2023 was ﷼14,438 Mil. Therefore, Bupa Arabia for Cooperative Insurance Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.32.

The historical rank and industry rank for Bupa Arabia for Cooperative Insurance Co's Equity-to-Asset or its related term are showing as below:

SAU:8210' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.31   Max: 0.39
Current: 0.32

During the past 13 years, the highest Equity to Asset Ratio of Bupa Arabia for Cooperative Insurance Co was 0.39. The lowest was 0.22. And the median was 0.31.

SAU:8210's Equity-to-Asset is ranked better than
65.52% of 493 companies
in the Insurance industry
Industry Median: 0.24 vs SAU:8210: 0.32

Bupa Arabia for Cooperative Insurance Co Equity-to-Asset Historical Data

The historical data trend for Bupa Arabia for Cooperative Insurance Co'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.

Bupa Arabia for Cooperative Insurance Co Equity-to-Asset Chart

Bupa Arabia for Cooperative Insurance Co 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 0.30 0.34 0.39 0.35 0.32

Bupa Arabia for Cooperative Insurance Co Quarterly Data
Mar19 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 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 0.35 0.34 0.31 0.33 0.32

Competitive Comparison of Bupa Arabia for Cooperative Insurance Co's Equity-to-Asset

For the Insurance - Specialty subindustry, Bupa Arabia for Cooperative Insurance Co'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.


Bupa Arabia for Cooperative Insurance Co's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Bupa Arabia for Cooperative Insurance Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Bupa Arabia for Cooperative Insurance Co's Equity-to-Asset falls into.



Bupa Arabia for Cooperative Insurance Co 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.

Bupa Arabia for Cooperative Insurance Co'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
=4675.529/14438.351
=0.32

Bupa Arabia for Cooperative Insurance Co'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
=4675.529/14438.351
=0.32

* 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.


Bupa Arabia for Cooperative Insurance Co  (SAU:8210) 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%.


Bupa Arabia for Cooperative Insurance Co Equity-to-Asset Related Terms

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


Bupa Arabia for Cooperative Insurance Co (SAU:8210) Business Description

Traded in Other Exchanges
N/A
Address
Prince Saud Al Fasial Street, P.O. Box 23807, Front of Saudi Airlines Cargo Building, Al-Khalediyah District, Jeddah, SAU, 21436
Bupa Arabia for Cooperative Insurance Co is a special-purpose insurance company based in Saudi Arabia. The Company issues short-term insurance contracts for providing health care services (medical insurance). All the insurance operations of the Group are carried out in the Kingdom of Saudi Arabia. The company operates in two customer categories namely major customers and non- major customers. It derives a majority of its premium from major customers. major customers represent members of large corporations.

Bupa Arabia for Cooperative Insurance Co (SAU:8210) Headlines

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