First Insurance Balance Sheet Health
Financial Health criteria checks 5/6
First Insurance has a total shareholder equity of JOD33.5M and total debt of JOD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JOD63.2M and JOD29.6M respectively. First Insurance's EBIT is JOD3.6M making its interest coverage ratio 5.1. It has cash and short-term investments of JOD1.8M.
Key information
0%
Debt to equity ratio
د.أ0
Debt
| Interest coverage ratio | 5.1x |
| Cash | د.أ1.84m |
| Equity | د.أ33.54m |
| Total liabilities | د.أ29.64m |
| Total assets | د.أ63.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FINS's short term assets (JOD14.7M) do not cover its short term liabilities (JOD19.2M).
Long Term Liabilities: FINS's short term assets (JOD14.7M) exceed its long term liabilities (JOD10.5M).
Debt to Equity History and Analysis
Debt Level: FINS is debt free.
Reducing Debt: FINS has not had any debt for past 5 years.
Debt Coverage: FINS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FINS has no debt, therefore coverage of interest payments is not a concern.