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Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
Arabia Insurance Cooperative Company (AICC) (شركة التأمين العربية التعاونية)
Main Activities: Insurance Carriers
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Company Information |
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Full name Arabia Insurance Cooperative Company (AICC) (شركة التأمين العربية التعاونية) Headquarters P.O. Box 286555, Bin Tami Center, 1st Floor, King Abdul Aziz Road, Al Wouroud Area, Riyadh 11323.; Riyadh City; Al Riyadh |
Status: Listed Legal Form: Limited Liability Company Operational Status: Operational Financial Auditors: Deloitte Touche Tohmatsu (2012) Total Employees: 92 Tel: 966 12153360 |
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Company Description |
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Arabia Insurance Cooperative Company is a Saudi Arabia-based provider of life and non-life insurance and reinsurance products and services. The company was established according to the Ministerial decision dated 21/12/1428H (2007/12/31 ) and holding the commercial Registration No. 1010243302 |
Company Analysis |
| According to the Individual - Audited financial statement for the Year of 2011, total net operating revenues decreased with -0.47%, from SAR 567,734 thousands to SAR 565,058 thousands. The results of the period reached SAR 17,290 thousands at the end of the period against SAR -12,227 thousands last year. Return on equity (Net income/Total equity) went from -8.59% to 9.59%, the Return On Asset (Net income / Total Asset) went from -6.22% to 1.49% and the Net Profit Margin (Net Income/Net Sales) went from -2.15% to 3.06% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 544.30% compared to 37.99% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.84 to 1.00 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |
FULL COMPANY PROFILE
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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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Balance Sheet
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Total Assets |
1,291,330 |
1,162,182 |
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Current Assets |
1,112,840 |
981,808 |
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Total Liabilities |
1,112,840 |
981,803 |
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Shareholders Equity |
178,490 |
180,379 |
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Current Liabilities |
1,111,161 |
981,590 |
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| * All the accounts are in SAR. | ||
Income Statement
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Total Operating Revenue |
653,945 |
565,058 |
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Net Profit (Loss) |
-2,859 |
17,290 |
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| * All the accounts are in SAR. | ||
Ratios
| Profitability Ratios | ||
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Return on Assets (ROA) |
-0.22% |
1.49% |
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Annualised Return on Assets (ROA) |
-0.22% |
1.49% |
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Return on Equity (ROE) |
-1.6% |
9.59% |
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Annualised Return on Equity (ROE) |
-1.64% |
12.15% |
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Return on Sales (ROS) |
-0.44% |
3.06% |
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Gross Profit Margin |
100% |
100% |
| Efficiency Ratios | ||
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Current asset turnover |
0.59x |
0.58x |
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Fixed-asset turnover |
3.66x |
3.13x |
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Asset Turnover |
0.51x |
0.49x |
| Valuation figures and ratios | ||
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Enterprise value |
1,416,902 |
1,226,174 |
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Bookvalue (BV) |
178,490 |
180,379 |
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Net Cash |
-912,902 |
-839,174 |
| Liquidity Ratios | ||
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Current Ratio |
100.15% |
100.02% |
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Quick ratio |
100.15% |
100.02% |
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Doom's day ratio |
17.99% |
14.53% |
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Cash Flow to Debt |
0.55% |
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| Leverage Ratios | ||
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Leverage ratio |
723.47% |
644.3% |
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Debt to equity |
623.47% |
544.3% |
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Debt to total assets |
86.18% |
84.48% |
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Long Term Debt to Capital |
0.93% |
0.12% |
| Market ratios | ||
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Market Cap / Net cash |
-0.55 |
-0.46 |
| Trend Ratios | ||
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Revenue Trend |
115.73% |
99.53% |
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Net Income Trend |
-16.54% |
-141.41% |
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