Union Insurance Company P.J.S.C Balance Sheet Health
Financial Health criteria checks 5/6
Union Insurance Company P.J.S.C has a total shareholder equity of AED227.8M and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED1.6B and AED1.4B respectively.
Key information
0%
Debt to equity ratio
د.إ0
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ16.44m |
| Equity | د.إ227.78m |
| Total liabilities | د.إ1.36b |
| Total assets | د.إ1.58b |
Recent financial health updates
No updates
Recent updates
Union Insurance Company P.J.S.C.'s (ADX:UNION) Shares Climb 32% But Its Business Is Yet to Catch Up
May 03
Market Might Still Lack Some Conviction On Union Insurance Company P.J.S.C. (ADX:UNION) Even After 30% Share Price Boost
Dec 31Here's Why Union Insurance Company P.J.S.C (ADX:UNION) Has Caught The Eye Of Investors
Aug 19Union Insurance Company P.J.S.C.'s (ADX:UNION) Share Price Could Signal Some Risk
Mar 14What Type Of Returns Would Union Insurance Company P.J.S.C's(ADX:UNION) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Dec 28Financial Position Analysis
Short Term Liabilities: UNION's short term assets (AED755.5M) exceed its short term liabilities (AED1.4M).
Long Term Liabilities: UNION's short term assets (AED755.5M) do not cover its long term liabilities (AED1.4B).
Debt to Equity History and Analysis
Debt Level: UNION is debt free.
Reducing Debt: UNION has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.
Debt Coverage: UNION has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UNION has no debt, therefore coverage of interest payments is not a concern.