Allied Cooperative Insurance Group

Saudi Stock Exchange 8150.SR

Allied Cooperative Insurance Group Debt to Equity Ratio for the year ending December 31, 2023: 0.00

Allied Cooperative Insurance Group Debt to Equity Ratio is 0.00 for the year ending December 31, 2023, a -89.53% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Allied Cooperative Insurance Group Debt to Equity Ratio for the year ending December 31, 2022 was 0.01, a -85.96% change year over year.
  • Allied Cooperative Insurance Group Debt to Equity Ratio for the year ending December 31, 2021 was 0.09, a 172.62% change year over year.
  • Allied Cooperative Insurance Group Debt to Equity Ratio for the year ending December 31, 2020 was 0.03, a -31.12% change year over year.
  • Allied Cooperative Insurance Group Debt to Equity Ratio for the year ending December 31, 2019 was 0.05, a 0.00% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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Saudi Stock Exchange: 8150.SR

Allied Cooperative Insurance Group

CEO Mr. Mohammed Abdullah Al-Gadhi
IPO Date March 4, 2010
Location Saudi Arabia
Headquarters Prince Turki bin Abdulaziz first road
Employees 258
Sector Finance
Industries
Description

Allied Cooperative Insurance Group engages in cooperative insurance operations and related activities in the Kingdom of Saudi Arabia. The company operates in four segments: Motor Insurance, Medical Insurance, General Accident Insurance, and Others. It provides motor comprehensive and third-party liability, medical, travel, home, shop, and visitor insurance products; general accident insurance products, such as money, fidelity guarantee, business all risk, business travel, and exhibition insurance; and liability insurance products, such as general third-party liability, product liability, workmen's compensation/employer's liability, and professional indemnity. The company also offers engineering insurance products comprising deterioration of stocks, machinery breakdown, electronic equipment, contractor's all risks, erection all risks, and loss of profit following machinery breakdown; and property all risks and fire insurance policies. In addition, it offers medical malpractice, personal accident, and medical and marine insurance products. The company was incorporated in 2006 and is based in Jeddah, the Kingdom of Saudi Arabia.

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StockViz Staff

January 15, 2025

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