Al Buhaira National Insurance Company P.S.C Balance Sheet Health
Financial Health criteria checks 4/6
Al Buhaira National Insurance Company P.S.C has a total shareholder equity of AED477.6M and total debt of AED261.2M, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are AED2.1B and AED1.7B respectively. Al Buhaira National Insurance Company P.S.C's EBIT is AED23.4M making its interest coverage ratio 0.9. It has cash and short-term investments of AED359.7M.
Key information
54.69%
Debt to equity ratio
د.إ261.21m
Debt
| Interest coverage ratio | 0.9x |
| Cash | د.إ359.66m |
| Equity | د.إ477.63m |
| Total liabilities | د.إ1.65b |
| Total assets | د.إ2.13b |
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 (AED1.2B) exceed its short term liabilities (AED331.6M).
Long Term Liabilities: ABNIC's short term assets (AED1.2B) do not cover its long term liabilities (AED1.3B).
Debt to Equity History and Analysis
Debt Level: ABNIC has more cash than its total debt.
Reducing Debt: ABNIC's debt to equity ratio has reduced from 61.5% to 54.7% over the past 5 years.
Debt Coverage: ABNIC's debt is well covered by operating cash flow (32.6%).
Interest Coverage: ABNIC's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/22 11:19 |
| End of Day Share Price | 2025/05/22 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Al Buhaira National Insurance Company P.S.C. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.