Al Buhaira National Insurance Company P.S.C Balance Sheet Health
Financial Health criteria checks 2/6
Al Buhaira National Insurance Company P.S.C has a total shareholder equity of AED456.2M and total debt of AED362.9M, which brings its debt-to-equity ratio to 79.6%. Its total assets and total liabilities are AED2.0B and AED1.6B respectively.
Key information
79.6%
Debt to equity ratio
د.إ362.90m
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ167.36m |
| Equity | د.إ456.15m |
| Total liabilities | د.إ1.57b |
| Total assets | د.إ2.03b |
Recent financial health updates
No updates
Recent updates
Consider This Before Buying Al Buhaira National Insurance Company P.S.C. (ADX:ABNIC) For The 5.9% Dividend
Mar 17
Is Al Buhaira National Insurance Company P.S.C.'s (ADX:ABNIC) Shareholder Ownership Skewed Towards Insiders?
Feb 18
Al Buhaira National Insurance Company P.S.C's (ADX:ABNIC) Stock Price Has Reduced 32% In The Past Five Years
Dec 24Could The Al Buhaira National Insurance Company P.S.C. (ADX:ABNIC) Ownership Structure Tell Us Something Useful?
Nov 19Financial Position Analysis
Short Term Liabilities: ABNIC's short term assets (AED1.1B) exceed its short term liabilities (AED613.6M).
Long Term Liabilities: ABNIC's short term assets (AED1.1B) exceed its long term liabilities (AED957.8M).
Debt to Equity History and Analysis
Debt Level: ABNIC's net debt to equity ratio (42.9%) is considered high.
Reducing Debt: ABNIC's debt to equity ratio has increased from 64.4% to 79.6% over the past 5 years.
Debt Coverage: ABNIC's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: Insufficient data to determine if ABNIC's interest payments on its debt are well covered by EBIT.