Islamic Arab Insurance (Salama) PJSC Balance Sheet Health
Financial Health criteria checks 5/6
Islamic Arab Insurance (Salama) PJSC has a total shareholder equity of AED657.2M and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED3.6B and AED3.0B respectively.
Key information
0%
Debt to equity ratio
د.إ0
Debt
Interest coverage ratio | n/a |
Cash | د.إ146.16m |
Equity | د.إ657.21m |
Total liabilities | د.إ2.96b |
Total assets | د.إ3.61b |
Recent financial health updates
No updates
Recent updates
Islamic Arab Insurance Co. (Salama) PJSC's (DFM:SALAMA) 30% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Feb 17Risks To Shareholder Returns Are Elevated At These Prices For Islamic Arab Insurance Co. (Salama) PJSC (DFM:SALAMA)
Jan 03I Ran A Stock Scan For Earnings Growth And Islamic Arab Insurance (Salama) PJSC (DFM:SALAMA) Passed With Ease
Mar 25How Does Islamic Arab Insurance Co. (Salama) PJSC (DFM:SALAMA) Fare As A Dividend Stock?
Mar 04Do Institutions Own Islamic Arab Insurance Co. (Salama) PJSC (DFM:SALAMA) Shares?
Jan 19Are Strong Financial Prospects The Force That Is Driving The Momentum In Islamic Arab Insurance Co. (Salama) PJSC's DFM:SALAMA) Stock?
Dec 17Islamic Arab Insurance Co. (Salama) PJSC's (DFM:SALAMA) Popularity With Investors Is Clear
Aug 07Financial Position Analysis
Short Term Liabilities: SALAMA's short term assets (AED894.8M) exceed its short term liabilities (AED312.2M).
Long Term Liabilities: SALAMA's short term assets (AED894.8M) do not cover its long term liabilities (AED2.6B).
Debt to Equity History and Analysis
Debt Level: SALAMA is debt free.
Reducing Debt: SALAMA 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 SALAMA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SALAMA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 37.5% per year.