Abu Dhabi National Insurance Company PJSC Balance Sheet Health
Financial Health criteria checks 3/6
Abu Dhabi National Insurance Company PJSC has a total shareholder equity of AED2.8B and total debt of AED50.0M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are AED8.4B and AED5.6B respectively.
Key information
1.8%
Debt to equity ratio
د.إ50.00m
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ1.45b |
| Equity | د.إ2.77b |
| Total liabilities | د.إ5.58b |
| Total assets | د.إ8.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ADNIC's short term assets (AED4.8B) exceed its short term liabilities (AED59.2M).
Long Term Liabilities: ADNIC's short term assets (AED4.8B) do not cover its long term liabilities (AED5.5B).
Debt to Equity History and Analysis
Debt Level: ADNIC has more cash than its total debt.
Reducing Debt: ADNIC's debt to equity ratio has increased from 1.4% to 1.8% over the past 5 years.
Debt Coverage: ADNIC's debt is well covered by operating cash flow (768.8%).
Interest Coverage: Insufficient data to determine if ADNIC's interest payments on its debt are well covered by EBIT.