Abu Dhabi National Insurance Company PJSC Balance Sheet Health
Financial Health criteria checks 5/6
Abu Dhabi National Insurance Company PJSC has a total shareholder equity of AED3.4B and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED12.0B and AED8.6B respectively.
Key information
0%
Debt to equity ratio
د.إ0
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ1.31b |
| Equity | د.إ3.39b |
| Total liabilities | د.إ8.62b |
| Total assets | د.إ12.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ADNIC's short term assets (AED7.3B) exceed its short term liabilities (AED330.3M).
Long Term Liabilities: ADNIC's short term assets (AED7.3B) do not cover its long term liabilities (AED8.3B).
Debt to Equity History and Analysis
Debt Level: ADNIC is debt free.
Reducing Debt: ADNIC had no debt 5 years ago.
Debt Coverage: ADNIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ADNIC has no debt, therefore coverage of interest payments is not a concern.