Al-Sagr National Insurance Company (PSC) Balance Sheet Health
Financial Health criteria checks 3/6
Al-Sagr National Insurance Company (PSC) has a total shareholder equity of AED209.4M and total debt of AED218.5M, which brings its debt-to-equity ratio to 104.4%. Its total assets and total liabilities are AED850.6M and AED641.2M respectively. Al-Sagr National Insurance Company (PSC)'s EBIT is AED16.2M making its interest coverage ratio 1.7. It has cash and short-term investments of AED290.0M.
Key information
104.4%
Debt to equity ratio
د.إ218.49m
Debt
| Interest coverage ratio | 1.7x |
| Cash | د.إ290.03m |
| Equity | د.إ209.38m |
| Total liabilities | د.إ641.21m |
| Total assets | د.إ850.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASNIC's short term assets (AED494.2M) exceed its short term liabilities (AED289.5M).
Long Term Liabilities: ASNIC's short term assets (AED494.2M) exceed its long term liabilities (AED351.7M).
Debt to Equity History and Analysis
Debt Level: ASNIC has more cash than its total debt.
Reducing Debt: ASNIC's debt to equity ratio has increased from 29.6% to 104.4% over the past 5 years.
Debt Coverage: ASNIC's debt is not well covered by operating cash flow (1%).
Interest Coverage: ASNIC's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/09 07:51 |
| End of Day Share Price | 2024/01/11 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Al-Sagr National Insurance Company (PSC) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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