National Insurance Balance Sheet Health
Financial Health criteria checks 5/6
National Insurance has a total shareholder equity of JOD11.7M and total debt of JOD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JOD30.1M and JOD18.4M respectively. National Insurance's EBIT is JOD1.2M making its interest coverage ratio -1042.7. It has cash and short-term investments of JOD458.0K.
Key information
0%
Debt to equity ratio
د.أ0
Debt
| Interest coverage ratio | -1042.7x |
| Cash | د.أ457.98k |
| Equity | د.أ11.74m |
| Total liabilities | د.أ18.41m |
| Total assets | د.أ30.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAAI's short term assets (JOD5.0M) do not cover its short term liabilities (JOD17.6M).
Long Term Liabilities: NAAI's short term assets (JOD5.0M) exceed its long term liabilities (JOD817.4K).
Debt to Equity History and Analysis
Debt Level: NAAI is debt free.
Reducing Debt: NAAI has not had any debt for past 5 years.
Debt Coverage: NAAI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NAAI has no debt, therefore coverage of interest payments is not a concern.