Kenya Reinsurance Corporation Limited

NASE:KNRE Stock Report

Market Cap: KSh5.2b

Kenya Reinsurance Balance Sheet Health

Financial Health criteria checks 6/6

Kenya Reinsurance has a total shareholder equity of KES41.2B and total debt of KES0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are KES72.8B and KES31.5B respectively.

Key information

0%

Debt to equity ratio

KSh0

Debt

Interest coverage ration/a
CashKSh14.54b
EquityKSh41.24b
Total liabilitiesKSh31.53b
Total assetsKSh72.77b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: KNRE's short term assets (KES26.7B) exceed its short term liabilities (KES26.7B).

Long Term Liabilities: KNRE's short term assets (KES26.7B) exceed its long term liabilities (KES4.9B).


Debt to Equity History and Analysis

Debt Level: KNRE is debt free.

Reducing Debt: KNRE has not had any debt for past 5 years.

Debt Coverage: KNRE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: KNRE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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