CIC Insurance Group Financial Health
How is CIC Insurance Group's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CIC's short term assets (KES209.9M) do not cover its short term liabilities (KES15.0B).
Long Term Liabilities: CIC's short term assets (KES209.9M) do not cover its long term liabilities (KES37.8B).
Debt to Equity History and Analysis
Debt Level: CIC's net debt to equity ratio (54.9%) is considered high.
Reducing Debt: CIC's debt to equity ratio has reduced from 70.5% to 57.6% over the past 5 years.
Debt Coverage: CIC's debt is well covered by operating cash flow (43.5%).
Interest Coverage: CIC's interest payments on its debt are not well covered by EBIT (2.6x coverage).