Wethaq Takaful Insurance Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 6/6
Wethaq Takaful Insurance Company K.S.C.P has a total shareholder equity of KWD4.1M and total debt of KWD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are KWD4.3M and KWD115.7K respectively.
Key information
0%
Debt to equity ratio
د.ك0
Debt
| Interest coverage ratio | n/a |
| Cash | د.ك419.23k |
| Equity | د.ك4.14m |
| Total liabilities | د.ك115.71k |
| Total assets | د.ك4.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WETHAQ's short term assets (KWD503.3K) exceed its short term liabilities (KWD115.7K).
Long Term Liabilities: WETHAQ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WETHAQ is debt free.
Reducing Debt: WETHAQ has not had any debt for past 5 years.
Debt Coverage: WETHAQ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WETHAQ has no debt, therefore coverage of interest payments is not a concern.