Kenya Reinsurance Balance Sheet Health
Financial Health criteria checks 5/6
Kenya Reinsurance has a total shareholder equity of KES48.2B and total debt of KES0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are KES66.0B and KES17.8B respectively.
Key information
0%
Debt to equity ratio
KSh0
Debt
Interest coverage ratio | n/a |
Cash | KSh5.14b |
Equity | KSh48.17b |
Total liabilities | KSh17.80b |
Total assets | KSh65.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNRE's short term assets (KES6.3B) do not cover its short term liabilities (KES13.5B).
Long Term Liabilities: KNRE's short term assets (KES6.3B) exceed its long term liabilities (KES4.3B).
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.