United Fidelity Insurance Company (P.S.C.) Balance Sheet Health
Financial Health criteria checks 5/6
United Fidelity Insurance Company (P.S.C.) has a total shareholder equity of AED131.1M and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED836.2M and AED705.1M respectively.
Key information
0%
Debt to equity ratio
د.إ0
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ186.47m |
| Equity | د.إ131.09m |
| Total liabilities | د.إ705.14m |
| Total assets | د.إ836.23m |
Financial Position Analysis
Short Term Liabilities: FIDELITYUNITED's short term assets (AED657.0M) do not cover its short term liabilities (AED693.2M).
Long Term Liabilities: FIDELITYUNITED's short term assets (AED657.0M) exceed its long term liabilities (AED12.0M).
Debt to Equity History and Analysis
Debt Level: FIDELITYUNITED is debt free.
Reducing Debt: FIDELITYUNITED had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FIDELITYUNITED has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FIDELITYUNITED has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 11.6% each year.