Rasan Information Technology Co.

Saudi Stock Exchange 8313.SR

Rasan Information Technology Co. Return on Assets (ROA) for the year ending December 31, 2023: 14.49%

Rasan Information Technology Co. Return on Assets (ROA) is 14.49% for the year ending December 31, 2023, a -43.72% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.
  • Rasan Information Technology Co. Return on Assets (ROA) for the year ending December 31, 2022 was 25.74%, a -36.89% change year over year.
  • Rasan Information Technology Co. Return on Assets (ROA) for the year ending December 31, 2021 was 40.79%, a 1,622.05% change year over year.
  • Rasan Information Technology Co. Return on Assets (ROA) for the year ending December 31, 2020 was 2.37%.
Key data
Date Return on Assets (ROA) Return on Equity (ROE) Return on Capital Employed (ROCE) Interest 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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