Al Wathba National Insurance Company PJSC Balance Sheet Health
Financial Health criteria checks 4/6
Al Wathba National Insurance Company PJSC has a total shareholder equity of AED1.1B and total debt of AED155.0M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are AED1.7B and AED682.4M respectively. Al Wathba National Insurance Company PJSC's EBIT is AED13.2M making its interest coverage ratio 1.8. It has cash and short-term investments of AED570.5M.
Key information
14.6%
Debt to equity ratio
د.إ155.01m
Debt
| Interest coverage ratio | 1.8x |
| Cash | د.إ570.46m |
| Equity | د.إ1.06b |
| Total liabilities | د.إ682.40m |
| Total assets | د.إ1.75b |
Recent financial health updates
No updates
Recent updates
Revenues Tell The Story For Al Wathba National Insurance Company PJSC (ADX:AWNIC) As Its Stock Soars 31%
Jan 20
Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 29Al Wathba National Insurance Company PJSC (ADX:AWNIC) Is Increasing Its Dividend To د.إ0.20
Apr 15Al Wathba National Insurance Company PJSC (ADX:AWNIC) Will Pay A Larger Dividend Than Last Year At د.إ0.20
Apr 01Pinning Down Al Wathba National Insurance Company PJSC's (ADX:AWNIC) P/E Is Difficult Right Now
May 28Should You Buy Al Wathba National Insurance Company PJSC (ADX:AWNIC) For Its 2.3% Dividend?
Mar 09If You Had Bought Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Shares Three Years Ago You Would Be Down 27%
Jan 17
What Type Of Shareholders Make Up Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Share Registry?
Nov 24Financial Position Analysis
Short Term Liabilities: AWNIC's short term assets (AED851.8M) exceed its short term liabilities (AED398.1M).
Long Term Liabilities: AWNIC's short term assets (AED851.8M) exceed its long term liabilities (AED284.3M).
Debt to Equity History and Analysis
Debt Level: AWNIC has more cash than its total debt.
Reducing Debt: AWNIC's debt to equity ratio has reduced from 48.1% to 14.6% over the past 5 years.
Debt Coverage: AWNIC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AWNIC's interest payments on its debt are not well covered by EBIT (1.8x coverage).