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Company Information |
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Full name Al Ahli Takaful (الأهلى تكافل) Headquarters P.O Box 48510, khalidyah Business Center, Jeddah 21582.; Jeddah; Makkah |
Status: Listed Legal Form: Limited Liability Company Operational Status: Operational Financial Auditors: KPMG (2012) Incorporation Date: December 20, 2004 Total Employees: 27 Tel: 966 26901199 |
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Company Description |
| The National Commercial Bank (NCB), a leading regional financial institution based in Saudi Arabia, together with global leading insurance and technical specialists FWU AG, VHV, and the International Financial Corporation (IFC) a member of the World Bank Group; in addition to a number of prominent local investors, have established ALAHLI TAKAFUL COMPANY (ATC),in accordance to the council of ministry resolution (262) dated 11/12/2006, a joint stock company specialized in offering Takaful insurance | ||
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Company Analysis |
| According to the Individual - Audited financial statement for the Year of 2011, total net operating revenues decreased with -16.99%, from SAR 43,851 thousands to SAR 36,401 thousands. The results of the period increased 45.70% reaching SAR -4,897 thousands at the end of the period against SAR -9,019 thousands last year. Return on equity (Net income/Total equity) went from -13.35% to -3.58%, the Return On Asset (Net income / Total Asset) went from -2.86% to -0.94% and the Net Profit Margin (Net Income/Net Sales) went from -20.57% to -13.45% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 282.85% compared to 366.54% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.02 to 1.25 when compared to the previous year. |
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Companies with Similar Main Activities |

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2012 Y (non-cons) |
2011 Y (non-cons) |
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| Audited | Audited | |
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| Finglobe - MENA Spread Financial Statements | Finglobe - MENA Spread Financial Statements | |
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| Unit | Thousands | Thousands |
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Total Assets |
644,579 |
523,035 |
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Current Assets |
642,683 |
468,890 |
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Total Liabilities |
510,215 |
386,420 |
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Shareholders Equity |
134,364 |
136,615 |
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Current Liabilities |
502,369 |
374,800 |
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| * All the accounts are in SAR. | ||
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Total Operating Revenue |
153,498 |
188,113 |
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Net Profit (Loss) |
1,031 |
-4,897 |
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| * All the accounts are in SAR. | ||
| Profitability Ratios | ||
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Return on Assets (ROA) |
0.16% |
-0.94% |
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Annualised Return on Assets (ROA) |
0.16% |
-0.94% |
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Return on Equity (ROE) |
0.77% |
-3.58% |
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Annualised Return on Equity (ROE) |
0.76% |
-7.33% |
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Return on Sales (ROS) |
0.67% |
-2.6% |
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Gross Profit Margin |
100% |
100% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
834.23x |
74.00x |
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Current asset turnover |
0.24x |
0.40x |
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Fixed-asset turnover |
80.96x |
3.47x |
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Asset Turnover |
0.24x |
0.36x |
| Valuation figures and ratios | ||
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Enterprise value |
490,333 |
274,972 |
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Bookvalue (BV) |
134,364 |
136,615 |
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Net Cash |
-490,333 |
-274,972 |
| Liquidity Ratios | ||
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Current Ratio |
127.93% |
125.1% |
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Quick ratio |
127.93% |
125.1% |
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Doom's day ratio |
3.96% |
29.74% |
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Cash Flow to Debt |
-2.09% |
0.32% |
| Leverage Ratios | ||
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Leverage ratio |
479.73% |
382.85% |
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Debt to equity |
379.73% |
282.85% |
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Debt to total assets |
79.15% |
73.88% |
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Long Term Debt to Capital |
5.52% |
7.84% |
| Trend Ratios | ||
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Revenue Trend |
81.6% |
90.09% |
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Net Income Trend |
-21.05% |
54.3% |
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