Al Wathba National Insurance Company PJSC

ADX:AWNIC Stock Report

Market Cap: د.إ896.3m

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 AED150.6M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are AED1.8B and AED705.3M respectively.

Key information

13.8%

Debt to equity ratio

د.إ150.60m

Debt

Interest coverage ration/a
Cashد.إ577.68m
Equityد.إ1.09b
Total liabilitiesد.إ705.28m
Total assetsد.إ1.80b

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
Revenues Tell The Story For Al Wathba National Insurance Company PJSC (ADX:AWNIC) As Its Stock Soars 31%

Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 29
Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Shareholders Will Receive A Bigger Dividend Than Last Year

Al Wathba National Insurance Company PJSC (ADX:AWNIC) Is Increasing Its Dividend To د.إ0.20

Apr 15
Al Wathba National Insurance Company PJSC (ADX:AWNIC) Is Increasing Its Dividend To د.إ0.20

Al Wathba National Insurance Company PJSC (ADX:AWNIC) Will Pay A Larger Dividend Than Last Year At د.إ0.20

Apr 01
Al Wathba National Insurance Company PJSC (ADX:AWNIC) Will Pay A Larger Dividend Than Last Year At د.إ0.20

Pinning Down Al Wathba National Insurance Company PJSC's (ADX:AWNIC) P/E Is Difficult Right Now

May 28
Pinning Down Al Wathba National Insurance Company PJSC's (ADX:AWNIC) P/E Is Difficult Right Now

Should You Buy Al Wathba National Insurance Company PJSC (ADX:AWNIC) For Its 2.3% Dividend?

Mar 09
Should You Buy Al Wathba National Insurance Company PJSC (ADX:AWNIC) For Its 2.3% Dividend?

If You Had Bought Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Shares Three Years Ago You Would Be Down 27%

Jan 17
If You Had Bought Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Shares Three Years Ago You Would Be Down 27%

What Type Of Shareholders Make Up Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Share Registry?

Nov 24
What Type Of Shareholders Make Up Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Share Registry?

Financial Position Analysis

Short Term Liabilities: AWNIC's short term assets (AED870.8M) exceed its short term liabilities (AED418.4M).

Long Term Liabilities: AWNIC's short term assets (AED870.8M) exceed its long term liabilities (AED286.9M).


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 50.2% to 13.8% over the past 5 years.

Debt Coverage: AWNIC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if AWNIC's interest payments on its debt are well covered by EBIT.


Balance Sheet


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