AIICO Insurance

AIICO Insurance Fixed Asset Turnover

The Fixed Asset Turnover of AIICO Insurance (AIICO.NL) as of Oct 19, 2026 is 10.54. In the previous year, Fixed Asset Turnover was 8.45 — a change of 24.75% (higher).

Fixed Asset Turnover

10.54

YoY

24.75%

Last updated:

Fixed Asset Turnover of AIICO Insurance is 2024 10.54 . Fixed Asset Turnover of AIICO Insurance was 2023 8.45 . It decreases by 24.75% higher compared to the previous year.

The AIICO Insurance Fixed Asset Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Fixed Asset Turnover
Date
Fixed Asset Turnover
Jan 1, 2017
5.25 NGN
Jan 1, 2018
6.25 NGN
Jan 1, 2019
9.25 NGN
Jan 1, 2020
14.91 NGN
Jan 1, 2021
5.96 NGN
Jan 1, 2022
6.27 NGN
Jan 1, 2023
8.45 NGN
Jan 1, 2024
10.54 NGN
The AIICO Insurance Fixed Asset Turnover history
YEARFixed Asset TurnoverYoY
10.54+24.75%
8.45+34.68%
6.27+5.32%
5.96-60.06%
14.91+61.29%
9.25+48.05%
6.25+19.01%
5.25-15.42%
6.20—

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AIICO Insurance Stock analysis

What does AIICO Insurance do? AIICO Insurance PLC is a Nigerian insurance company listed on the Nigerian Stock Exchange under the ticker AIICO.NL. The company, headquartered in Victoria Island, Lagos, was founded through an IPO on August 29, 1995. It employs 458 full-time staff and operates within the financial services sector, specifically in the insurance industry. AIICO provides a range of insurance services, including life insurance, non-life insurance, deposit administration, and financial services to both individuals and organizations. Its life insurance segment offers various products such as savings plans, protection products, and long-term contracts, including whole life, term assurance, guaranteed pensions, pure endowment pensions, and mortgage endowment solutions. The non-life insurance segment covers general insurance for individuals and businesses, with products including auto, household, commercial, and business interruption insurance. The company also offers health insurance through a health maintenance organization that provides prepaid health plans for individuals and corporate clients. Additionally, AIICO's Wealth Management segment delivers portfolio management services, structured investments, and mutual funds for both corporate and individual clients. The company's website is www.aiicoplc.com, and it serves as a provider of comprehensive insurance and financial solutions in Nigeria. AIICO Insurance is one of the most popular companies on Eulerpool.

Frequently Asked Questions about AIICO Insurance stock

Fixed Asset Turnover of AIICO Insurance is 10.54 in 2024.

Fixed Asset Turnover of AIICO Insurance changed from 8.45 to 10.54, representing a 24.75% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Fixed Asset Turnover AIICO Insurance since 2006 – with annual values, charts, and detailed analysis.

Fixed asset turnover measures revenue generated per unit of PP&E. Higher ratios indicate more efficient utilization of physical assets.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Fixed Asset Turnover's AIICO Insurance with sector peers and the industry average to assess whether it is attractive.

To evaluate Fixed Asset Turnover's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Fixed Asset Turnover.

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Profitability — AIICO Insurance

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