8030.SR
Price:
$17.38
Market Cap:
$2.40B
Mediterranean & Gulf Insurance & Reinsurance Co. engages in the provision of insurance & reinsurance services. It operates through the following segments: Medical Insurance, Motor Insurance, and Other Classes. The Medical Insurance segment deals with medical costs, medicine, and all other medical supplies and services. The Motor Insurance segment provides coverage against losses and liability related to motor vehicles. The Other Classes segment covers any other classes of insurance not included above. The company was founded in 1980 and is headquartered in Riyadh, Saudi Arabia.
Industry
Insurance - Diversified
IPO Date
2010-03-04
Stock Exchange
SAU
Ticker
8030.SR
According to Mediterranean & Gulf Cooperative Insurance & Reinsurance Co.’s latest financial reports and current stock price. The company's current Current Ratio is 528.88. This represents a change of 48.47% compared to the average of 356.22 of the last 4 quarters.
The mean historical Current Ratio of Mediterranean & Gulf Cooperative Insurance & Reinsurance Co. over the last ten years is 65.47. The current 528.88 Current Ratio has changed 80.68% with respect to the historical average. Over the past ten years (40 quarters), 8030.SR's Current Ratio was at its highest in in the September 2023 quarter at 5.07K. The Current Ratio was at its lowest in in the March 2024 quarter at 0.67.
Average
65.47
Median
2.64
Minimum
1.29
Maximum
610.51
Discovering the peaks and valleys of Mediterranean & Gulf Cooperative Insurance & Reinsurance Co. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 17.10%
Maximum Annual Current Ratio = 610.51
Minimum Annual Increase = -84.50%
Minimum Annual Current Ratio = 1.29
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 610.51 | 17.10% |
| 2024 | 3.55 | -84.50% |
| 2023 | 22.90 | 776.29% |
| 2022 | 2.61 | 5.94% |
| 2021 | 2.47 | -7.79% |
| 2020 | 2.67 | 5.51% |
| 2019 | 2.54 | -30.48% |
| 2018 | 3.65 | 182.82% |
| 2017 | 1.29 | -49.04% |
| 2016 | 2.53 | 7.48% |
The current Current Ratio of Mediterranean & Gulf Cooperative Insurance & Reinsurance Co. (8030.SR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
212.32
5-year avg
128.41
10-year avg
65.47
Mediterranean & Gulf Cooperative Insurance & Reinsurance Co.’s Current Ratio is greater than Walaa Cooperative Insurance Company (0), greater than Gulf Insurance Group (0), greater than Nayifat Finance Company (0), greater than Amlak International for Real Estate Finance Company (0), greater than Chubb Arabia Cooperative Insurance Company (0), greater than Mutakamela Insurance Company (0), greater than Wataniya Insurance Company (0), greater than Liva Insurance Company (0), greater than Allied Cooperative Insurance Group (0), greater than Ayyan Investment Company (5.89),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $1.42B | |
| 0 | $1.74B | |
| 0 | $1.17B | |
| 0 | $913.25M | |
| 0 | $726.00M | |
| 0 | $831.05M | |
| 0 | $595.60M | |
| 0 | $619.20M | |
| 0 | $243.86M | |
| 5.89 | $917.80M |
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