The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company

SASE:8030 Stock Report

Market Cap: ر.س2.5b

Mediterranean and Gulf Cooperative Insurance and Reinsurance Balance Sheet Health

Financial Health criteria checks 6/6

Mediterranean and Gulf Cooperative Insurance and Reinsurance has a total shareholder equity of SAR977.3M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR3.0B and SAR2.0B respectively.

Key information

0%

Debt to equity ratio

ر.س0

Debt

Interest coverage ration/a
Cashر.س974.50m
Equityر.س977.29m
Total liabilitiesر.س2.05b
Total assetsر.س3.03b

Recent financial health updates

No updates

Recent updates

It's A Story Of Risk Vs Reward With The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)

Sep 18
It's A Story Of Risk Vs Reward With The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)

Market Might Still Lack Some Conviction On The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030) Even After 26% Share Price Boost

Apr 18
Market Might Still Lack Some Conviction On The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030) Even After 26% Share Price Boost

Investors Holding Back On The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)

Feb 09
Investors Holding Back On The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)

Subdued Growth No Barrier To The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Price

Nov 04
Subdued Growth No Barrier To The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Price

Mediterranean and Gulf Cooperative Insurance and Reinsurance's(TADAWUL:8030) Share Price Is Down 60% Over The Past Five Years.

Mar 11
Mediterranean and Gulf Cooperative Insurance and Reinsurance's(TADAWUL:8030) Share Price Is Down 60% Over The Past Five Years.

Are Institutions Heavily Invested In The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Shares?

Jan 20
Are Institutions Heavily Invested In The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Shares?

Should Weakness in The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Nov 27
Should Weakness in The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Financial Position Analysis

Short Term Liabilities: 8030's short term assets (SAR1.8B) exceed its short term liabilities (SAR268.4M).

Long Term Liabilities: 8030's short term assets (SAR1.8B) exceed its long term liabilities (SAR1.8B).


Debt to Equity History and Analysis

Debt Level: 8030 is debt free.

Reducing Debt: 8030 has not had any debt for past 5 years.

Debt Coverage: 8030 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8030 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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