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.
Debt to equity ratio
|Interest coverage ratio
Recent financial health 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.