Mediterranean and Gulf Cooperative Insurance and Reinsurance Balance Sheet Health
Financial Health criteria checks 5/6
Mediterranean and Gulf Cooperative Insurance and Reinsurance has a total shareholder equity of SAR1.0B 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 ratio | n/a |
| Cash | ر.س855.07m |
| Equity | ر.س1.02b |
| Total liabilities | ر.س1.97b |
| Total assets | ر.س2.99b |
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
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 18Investors Holding Back On The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)
Feb 09Subdued Growth No Barrier To The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Price
Nov 04Mediterranean and Gulf Cooperative Insurance and Reinsurance's(TADAWUL:8030) Share Price Is Down 60% Over The Past Five Years.
Mar 11Are Institutions Heavily Invested In The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Shares?
Jan 20
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 27Financial Position Analysis
Short Term Liabilities: 8030's short term assets (SAR1.8B) exceed its short term liabilities (SAR192.3M).
Long Term Liabilities: 8030's short term assets (SAR1.8B) do not cover 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.