Arab Assurers Insurance Balance Sheet Health
Financial Health criteria checks 2/6
Arab Assurers Insurance has a total shareholder equity of JOD5.7M and total debt of JOD128.7K, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are JOD16.7M and JOD10.9M respectively.
Key information
2.2%
Debt to equity ratio
د.أ128.67k
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ1.92m |
| Equity | د.أ5.73m |
| Total liabilities | د.أ10.92m |
| Total assets | د.أ16.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARAS's short term assets (JOD10.6M) do not cover its short term liabilities (JOD10.7M).
Long Term Liabilities: ARAS's short term assets (JOD10.6M) exceed its long term liabilities (JOD175.0K).
Debt to Equity History and Analysis
Debt Level: ARAS has more cash than its total debt.
Reducing Debt: ARAS's debt to equity ratio has increased from 0.9% to 2.2% over the past 5 years.
Debt Coverage: ARAS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ARAS's interest payments on its debt are well covered by EBIT.