Sukoon Insurance PJSC Balance Sheet Health
Financial Health criteria checks 4/6
Sukoon Insurance PJSC has a total shareholder equity of AED2.9B and total debt of AED86.0M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are AED10.1B and AED7.2B respectively. Sukoon Insurance PJSC's EBIT is AED245.4M making its interest coverage ratio 46.9. It has cash and short-term investments of AED1.5B.
Key information
3.0%
Debt to equity ratio
د.إ86.00m
Debt
| Interest coverage ratio | 46.9x |
| Cash | د.إ1.50b |
| Equity | د.إ2.89b |
| Total liabilities | د.إ7.25b |
| Total assets | د.إ10.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SUKOON's short term assets (AED5.5B) exceed its short term liabilities (AED101.8M).
Long Term Liabilities: SUKOON's short term assets (AED5.5B) do not cover its long term liabilities (AED7.1B).
Debt to Equity History and Analysis
Debt Level: SUKOON has more cash than its total debt.
Reducing Debt: SUKOON's debt to equity ratio has increased from 0% to 3% over the past 5 years.
Debt Coverage: SUKOON's debt is well covered by operating cash flow (593.7%).
Interest Coverage: SUKOON's interest payments on its debt are well covered by EBIT (46.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:57 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| 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
Sukoon Insurance PJSC 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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