Islamic Arab Insurance Co. (Salama) PJSC

DFM:SALAMA Stock Report

Market Cap: د.إ376.5m

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 ration/a
Cashد.إ146.16m
Equityد.إ657.21m
Total liabilitiesد.إ2.96b
Total assetsد.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 17
Islamic Arab Insurance Co. (Salama) PJSC's (DFM:SALAMA) 30% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

Risks To Shareholder Returns Are Elevated At These Prices For Islamic Arab Insurance Co. (Salama) PJSC (DFM:SALAMA)

Jan 03
Risks To Shareholder Returns Are Elevated At These Prices For Islamic Arab Insurance Co. (Salama) PJSC (DFM:SALAMA)

I Ran A Stock Scan For Earnings Growth And Islamic Arab Insurance (Salama) PJSC (DFM:SALAMA) Passed With Ease

Mar 25
I Ran A Stock Scan For Earnings Growth And Islamic Arab Insurance (Salama) PJSC (DFM:SALAMA) Passed With Ease

How Does Islamic Arab Insurance Co. (Salama) PJSC (DFM:SALAMA) Fare As A Dividend Stock?

Mar 04
How Does Islamic Arab Insurance Co. (Salama) PJSC (DFM:SALAMA) Fare As A Dividend Stock?

Do Institutions Own Islamic Arab Insurance Co. (Salama) PJSC (DFM:SALAMA) Shares?

Jan 19
Do Institutions Own Islamic Arab Insurance Co. (Salama) PJSC (DFM:SALAMA) Shares?

Are Strong Financial Prospects The Force That Is Driving The Momentum In Islamic Arab Insurance Co. (Salama) PJSC's DFM:SALAMA) Stock?

Dec 17
Are Strong Financial Prospects The Force That Is Driving The Momentum In Islamic Arab Insurance Co. (Salama) PJSC's DFM:SALAMA) Stock?

Islamic Arab Insurance Co. (Salama) PJSC's (DFM:SALAMA) Popularity With Investors Is Clear

Aug 07
Islamic Arab Insurance Co. (Salama) PJSC's (DFM:SALAMA) Popularity With Investors Is Clear

Financial 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.


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