Arab Insurance Group (B.S.C.) Balance Sheet Health
Financial Health criteria checks 5/6
Arab Insurance Group (B.S.C.) has a total shareholder equity of $307.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $412.1M and $104.4M respectively. Arab Insurance Group (B.S.C.)'s EBIT is $10.4M making its interest coverage ratio 10.2. It has cash and short-term investments of $40.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 10.2x |
Cash | US$40.43m |
Equity | US$307.68m |
Total liabilities | US$104.44m |
Total assets | US$412.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARIG's short term assets ($58.2M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: ARIG's short term assets ($58.2M) do not cover its long term liabilities ($103.2M).
Debt to Equity History and Analysis
Debt Level: ARIG is debt free.
Reducing Debt: ARIG has no debt compared to 5 years ago when its debt to equity ratio was 3.1%.
Debt Coverage: ARIG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ARIG has no debt, therefore coverage of interest payments is not a concern.