Takaful Emarat - Insurance (PSC) Balance Sheet Health
Financial Health criteria checks 2/6
Takaful Emarat - Insurance (PSC) has a total shareholder equity of AED-39.7M and total debt of AED65.7M, which brings its debt-to-equity ratio to -165.8%. Its total assets and total liabilities are AED664.1M and AED703.7M respectively.
Key information
-165.8%
Debt to equity ratio
د.إ65.72m
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ410.66m |
| Equity | -د.إ39.65m |
| Total liabilities | د.إ703.73m |
| Total assets | د.إ664.07m |
Recent financial health updates
No updates
Recent updates
Takaful Emarat - Insurance (PSC) (DFM:TAKAFUL-EM) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Feb 28
Why Investors Shouldn't Be Surprised By Takaful Emarat - Insurance (PSC)'s (DFM:TAKAFUL-EM) Low P/S
Jan 03Investors Don't See Light At End Of Takaful Emarat - Insurance (PSC)'s (DFM:TAKAFUL-EM) Tunnel And Push Stock Down 27%
Aug 08Should You Buy Takaful Emarat - Insurance (PSC) (DFM:TAKAFUL-EM) For Its Dividend?
Mar 05If You Had Bought Takaful Emarat - Insurance (PSC) (DFM:TAKAFUL-EM) Shares A Year Ago You'd Have Earned 30% Returns
Dec 27Financial Position Analysis
Short Term Liabilities: TAKAFUL-EM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TAKAFUL-EM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TAKAFUL-EM has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TAKAFUL-EM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 TAKAFUL-EM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TAKAFUL-EM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.7% per year.