Al-Ahleia Insurance CompanyK.P Balance Sheet Health
Financial Health criteria checks 4/6
Al-Ahleia Insurance CompanyK.P has a total shareholder equity of KWD157.6M and total debt of KWD12.8M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are KWD423.1M and KWD265.4M respectively. Al-Ahleia Insurance CompanyK.P's EBIT is KWD23.7M making its interest coverage ratio 379.3. It has cash and short-term investments of KWD39.6M.
Key information
8.1%
Debt to equity ratio
د.ك12.75m
Debt
| Interest coverage ratio | 379.3x |
| Cash | د.ك39.56m |
| Equity | د.ك157.61m |
| Total liabilities | د.ك265.44m |
| Total assets | د.ك423.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AINS's short term assets (KWD98.3M) exceed its short term liabilities (KWD7.1M).
Long Term Liabilities: AINS's short term assets (KWD98.3M) do not cover its long term liabilities (KWD258.4M).
Debt to Equity History and Analysis
Debt Level: AINS has more cash than its total debt.
Reducing Debt: AINS's debt to equity ratio has increased from 0% to 8.1% over the past 5 years.
Debt Coverage: AINS's debt is well covered by operating cash flow (334.2%).
Interest Coverage: AINS's interest payments on its debt are well covered by EBIT (379.3x coverage).