Islamic Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Islamic Insurance has a total shareholder equity of JOD24.0M and total debt of JOD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JOD52.3M and JOD28.3M respectively.
Key information
0%
Debt to equity ratio
د.أ0
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ6.69m |
| Equity | د.أ23.99m |
| Total liabilities | د.أ28.35m |
| Total assets | د.أ52.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIIC's short term assets (JOD14.5M) do not cover its short term liabilities (JOD28.3M).
Long Term Liabilities: TIIC has no long term liabilities.
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.