Al Fujairah National Insurance Company P.J.S.C Balance Sheet Health
Financial Health criteria checks 5/6
Al Fujairah National Insurance Company P.J.S.C has a total shareholder equity of AED323.9M and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED846.2M and AED522.3M respectively. Al Fujairah National Insurance Company P.J.S.C's EBIT is AED20.0M making its interest coverage ratio 213.7. It has cash and short-term investments of AED191.8M.
Key information
0%
Debt to equity ratio
د.إ0
Debt
| Interest coverage ratio | 213.7x |
| Cash | د.إ191.84m |
| Equity | د.إ323.86m |
| Total liabilities | د.إ522.33m |
| Total assets | د.إ846.19m |
Recent financial health updates
No updates
Recent updates
How Does Al Fujairah National Insurance Company P.J.S.C (ADX:AFNIC) Stand Up To These Simple Dividend Safety Checks?
Feb 17
Its Easy to Overlook Al Fujairah National Insurance Company P.J.S.C (ADX:AFNIC) But Its Strong Financial Prospects Might Make You Want To Stop and Notice
Dec 23Is Al Fujairah National Insurance Company P.J.S.C (ADX:AFNIC) An Attractive Dividend Stock?
Nov 19Financial Position Analysis
Short Term Liabilities: AFNIC's short term assets (AED398.3M) exceed its short term liabilities (AED828.5K).
Long Term Liabilities: AFNIC's short term assets (AED398.3M) do not cover its long term liabilities (AED521.5M).
Debt to Equity History and Analysis
Debt Level: AFNIC is debt free.
Reducing Debt: AFNIC had no debt 5 years ago.
Debt Coverage: AFNIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AFNIC has no debt, therefore coverage of interest payments is not a concern.