United Insurance Balance Sheet Health
Financial Health criteria checks 6/6
United Insurance has a total shareholder equity of JOD17.7M and total debt of JOD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JOD39.5M and JOD21.9M respectively. United Insurance's EBIT is JOD2.4M making its interest coverage ratio 111. It has cash and short-term investments of JOD14.2M.
Key information
0%
Debt to equity ratio
د.أ0
Debt
| Interest coverage ratio | 111x |
| Cash | د.أ14.19m |
| Equity | د.أ17.67m |
| Total liabilities | د.أ21.86m |
| Total assets | د.أ39.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNIN's short term assets (JOD19.8M) exceed its short term liabilities (JOD12.4M).
Long Term Liabilities: UNIN's short term assets (JOD19.8M) exceed its long term liabilities (JOD9.5M).
Debt to Equity History and Analysis
Debt Level: UNIN is debt free.
Reducing Debt: UNIN had no debt 5 years ago.
Debt Coverage: UNIN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UNIN has no debt, therefore coverage of interest payments is not a concern.