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 AED134.3M and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED633.7M and AED499.4M respectively.
Key information
0%
Debt to equity ratio
د.إ0
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ219.22m |
| Equity | د.إ134.31m |
| Total liabilities | د.إ499.36m |
| Total assets | د.إ633.67m |
Financial Position Analysis
Short Term Liabilities: FIDELITYUNITED's short term assets (AED448.7M) do not cover its short term liabilities (AED489.3M).
Long Term Liabilities: FIDELITYUNITED's short term assets (AED448.7M) exceed its long term liabilities (AED10.1M).
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: Whilst unprofitable FIDELITYUNITED has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FIDELITYUNITED is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14% per year.