Delta Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Delta Insurance has a total shareholder equity of EGP1.2B and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP3.9B and EGP2.7B respectively. Delta Insurance's EBIT is EGP408.5M making its interest coverage ratio 1191.4. It has cash and short-term investments of EGP1.5B.
Key information
0%
Debt to equity ratio
ج.م0
Debt
Interest coverage ratio | 1191.4x |
Cash | ج.م1.50b |
Equity | ج.م1.17b |
Total liabilities | ج.م2.75b |
Total assets | ج.م3.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEIN's short term assets (EGP2.0B) exceed its short term liabilities (EGP310.9M).
Long Term Liabilities: DEIN's short term assets (EGP2.0B) do not cover its long term liabilities (EGP2.4B).
Debt to Equity History and Analysis
Debt Level: DEIN is debt free.
Reducing Debt: DEIN has not had any debt for past 5 years.
Debt Coverage: DEIN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DEIN has no debt, therefore coverage of interest payments is not a concern.