CIC Insurance Group Financial Health

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 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).

• Healthy companies in the Insurance industry.