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 $287.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $375.7M and $88.5M respectively. Arab Insurance Group (B.S.C.)'s EBIT is $19.5M making its interest coverage ratio 3.4. It has cash and short-term investments of $41.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$41.20m |
| Equity | US$287.25m |
| Total liabilities | US$88.48m |
| Total assets | US$375.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARIG's short term assets ($55.3M) exceed its short term liabilities ($1.7M).
Long Term Liabilities: ARIG's short term assets ($55.3M) do not cover its long term liabilities ($86.8M).
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 2.9%.
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.