Rasan Information Technology Co.

Saudi Stock Exchange 8313.SR

Rasan Information Technology Co. Debt to Equity Ratio for the year ending December 31, 2023: 0.03

Rasan Information Technology Co. Debt to Equity Ratio is 0.03 for the year ending December 31, 2023, a -27.48% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Rasan Information Technology Co. Debt to Equity Ratio for the year ending December 31, 2022 was 0.04, a -93.26% change year over year.
  • Rasan Information Technology Co. Debt to Equity Ratio for the year ending December 31, 2021 was 0.66, a 2,345.52% change year over year.
  • Rasan Information Technology Co. Debt to Equity Ratio for the year ending December 31, 2020 was -0.03.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
Market news
SV Wall Street
Saudi Stock Exchange: 8313.SR

Rasan Information Technology Co.

CEO Mr. Moayad Abdullah AlFallaj
IPO Date June 13, 2024
Location Saudi Arabia
Headquarters Al-Jadah Square
Employees 178
Sector Finance
Industries
Fintech Insurance
Description

Rasan Information Technology Company, a FinTech company, provides insurance and financial services to individuals and businesses through digital platforms. It operates Tameeni, which allows customers to compare, buy, or renew insurance from a network of insurance providers; Treza, an insurance solution designed for motor leasing providers and their customers; Awalmazad, an online auto auction platform that handle salvage and repossessed vehicles for insurance companies and leasing providers; and Warshti, a car repair solution. The company was founded in 2016 and is based in Riyadh, Saudi Arabia.

StockViz Staff

February 12, 2025

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