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 KWD4.2M and total debt of KWD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are KWD4.4M and KWD117.2K respectively.
Key information
0%
Debt to equity ratio
د.ك0
Debt
| Interest coverage ratio | n/a |
| Cash | د.ك445.00k |
| Equity | د.ك4.24m |
| Total liabilities | د.ك117.20k |
| Total assets | د.ك4.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WETHAQ's short term assets (KWD522.6K) exceed its short term liabilities (KWD117.2K).
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.