Al Fujairah National Insurance Company P.J.S.C

ADX:AFNIC Stock Report

Market Cap: د.إ279.5m

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 AED322.9M and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED783.4M and AED460.6M respectively. Al Fujairah National Insurance Company P.J.S.C's EBIT is AED17.6M making its interest coverage ratio 188.1. It has cash and short-term investments of AED84.2M.

Key information

0%

Debt to equity ratio

د.إ0

Debt

Interest coverage ratio188.1x
Cashد.إ84.16m
Equityد.إ322.86m
Total liabilitiesد.إ460.57m
Total assetsد.إ783.43m

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
How Does Al Fujairah National Insurance Company P.J.S.C (ADX:AFNIC) Stand Up To These Simple Dividend Safety Checks?

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 23
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

Is Al Fujairah National Insurance Company P.J.S.C (ADX:AFNIC) An Attractive Dividend Stock?

Nov 19
Is Al Fujairah National Insurance Company P.J.S.C (ADX:AFNIC) An Attractive Dividend Stock?

Financial Position Analysis

Short Term Liabilities: AFNIC's short term assets (AED296.3M) exceed its short term liabilities (AED970.7K).

Long Term Liabilities: AFNIC's short term assets (AED296.3M) do not cover its long term liabilities (AED459.6M).


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.


Balance Sheet


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