National General Insurance (P.J.S.C.) Balance Sheet Health
Financial Health criteria checks 5/6
National General Insurance (P.J.S.C.) has a total shareholder equity of AED573.5M and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED1.4B and AED785.7M respectively. National General Insurance (P.J.S.C.)'s EBIT is AED74.9M making its interest coverage ratio 6.5. It has cash and short-term investments of AED74.9M.
Key information
0%
Debt to equity ratio
د.إ0
Debt
| Interest coverage ratio | 6.5x |
| Cash | د.إ74.88m |
| Equity | د.إ573.46m |
| Total liabilities | د.إ785.66m |
| Total assets | د.إ1.36b |
Financial Position Analysis
Short Term Liabilities: NGI's short term assets (AED361.5M) exceed its short term liabilities (AED26.7M).
Long Term Liabilities: NGI's short term assets (AED361.5M) do not cover its long term liabilities (AED759.0M).
Debt to Equity History and Analysis
Debt Level: NGI is debt free.
Reducing Debt: NGI had no debt 5 years ago.
Debt Coverage: NGI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NGI has no debt, therefore coverage of interest payments is not a concern.