Islamic Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Islamic Insurance has a total shareholder equity of JOD22.7M and total debt of JOD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JOD54.1M and JOD31.4M respectively.
Key information
0%
Debt to equity ratio
د.أ0
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ7.72m |
| Equity | د.أ22.72m |
| Total liabilities | د.أ31.36m |
| Total assets | د.أ54.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIIC's short term assets (JOD16.4M) do not cover its short term liabilities (JOD31.1M).
Long Term Liabilities: TIIC's short term assets (JOD16.4M) exceed its long term liabilities (JOD251.6K).
Debt to Equity History and Analysis
Debt Level: TIIC is debt free.
Reducing Debt: TIIC has not had any debt for past 5 years.
Debt Coverage: TIIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TIIC has no debt, therefore coverage of interest payments is not a concern.