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 AED301.6M and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED670.8M and AED392.7M respectively.
Key information
0%
Debt to equity ratio
د.إ0
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ77.95m |
| Equity | د.إ301.57m |
| Total liabilities | د.إ392.67m |
| Total assets | د.إ670.83m |
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 (AED219.5M) exceed its short term liabilities (AED23.4M).
Long Term Liabilities: AFNIC's short term assets (AED219.5M) do not cover its long term liabilities (AED369.3M).
Debt to Equity History and Analysis
Debt Level: AFNIC is debt free.
Reducing Debt: AFNIC has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
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.