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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).
SABB Takaful (ساب تكافل)
Main Activities: Insurance Carriers
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Company Information |
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Full name SABB Takaful (ساب تكافل) Headquarters P.O. Box 9086, SABB Takaful Building, Prince Abdulaziz Bin Musaed Street, Riyadh 11413.; Riyadh City; Al Riyadh |
Status: Listed Legal Form: Limited Liability Company Operational Status: Operational Financial Auditors: KPMG (2012) Total Employees: 73 Tel: 966 12764462 |
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Company Description |
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The company is a Saudi Public Stock Company authorized by royal decree no.M/60 dated 9 October 2006 and operates under Commercial Registration 1010234032 dated 6 June 2007. SABB Takaful Company is incorporated in the Kingdom of Saudi Arabia. It is an associate company of SABB and HSBC. The Bank engaged in the provision of cooperative insurance in compliance with the Islamic Sharia. Its products consist of two main segments, namely individual and commercial Takaful plans. SABB Takaful Company |
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Company Analysis |
| According to the Individual - Audited financial statement for the Year of 2011, total net operating revenues increased with 12837.81%, from SAR 2,071 thousands to SAR 267,942 thousands. The results of the period reached SAR 10,214 thousands at the end of the period against SAR -5,583 thousands last year. Return on equity (Net income/Total equity) went from -1.74% to 3.13%, the Return On Asset (Net income / Total Asset) went from -0.57% to 1.04% and the Net Profit Margin (Net Income/Net Sales) went from -269.58% to 3.81% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 201.85% compared to 203.12% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.00 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 |
967,827 |
984,632 |
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Current Assets |
620,922 |
650,462 |
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Total Liabilities |
633,443 |
658,429 |
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Shareholders Equity |
334,384 |
326,203 |
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Current Liabilities |
620,922 |
650,462 |
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| * All the accounts are in SAR. | ||
Income Statement
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Total Operating Revenue |
222,610 |
267,942 |
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Net Profit (Loss) |
13,785 |
10,214 |
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| * All the accounts are in SAR. | ||
Ratios
| Profitability Ratios | ||
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Return on Assets (ROA) |
1.42% |
1.04% |
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Annualised Return on Assets (ROA) |
1.42% |
1.04% |
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Return on Equity (ROE) |
4.12% |
3.13% |
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Annualised Return on Equity (ROE) |
4.23% |
3.12% |
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Return on Sales (ROS) |
6.19% |
3.81% |
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Gross Profit Margin |
100% |
100% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
8.93x |
35.64x |
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Current asset turnover |
0.36x |
0.41x |
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Fixed-asset turnover |
0.64x |
0.80x |
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Asset Turnover |
0.23x |
0.27x |
| Valuation figures and ratios | ||
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Enterprise value |
955,443 |
580,675 |
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Bookvalue (BV) |
333,278 |
325,208 |
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Net Cash |
-633,443 |
-380,675 |
| Liquidity Ratios | ||
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Current Ratio |
100% |
100% |
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Quick ratio |
100% |
100% |
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Doom's day ratio |
0% |
42.7% |
| Leverage Ratios | ||
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Leverage ratio |
289.44% |
301.85% |
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Debt to equity |
189.44% |
201.85% |
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Debt to total assets |
65.45% |
66.87% |
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Long Term Debt to Capital |
3.61% |
2.38% |
| Market ratios | ||
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Market Cap / Net cash |
-0.51 |
-0.53 |
| Trend Ratios | ||
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Revenue Trend |
83.08% |
77.53% |
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Net Income Trend |
134.96% |
-182.95% |
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