Warba Insurance and Reinsurance Company (K.S.C.P.) Balance Sheet Health
Financial Health criteria checks 4/6
Warba Insurance and Reinsurance Company (K.S.C.P.) has a total shareholder equity of KWD40.6M and total debt of KWD4.0M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are KWD102.0M and KWD64.6M respectively.
Key information
9.9%
Debt to equity ratio
د.ك4.00m
Debt
| Interest coverage ratio | n/a |
| Cash | د.ك39.37m |
| Equity | د.ك40.59m |
| Total liabilities | د.ك64.56m |
| Total assets | د.ك102.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WINSRE's short term assets (KWD62.0M) exceed its short term liabilities (KWD3.1M).
Long Term Liabilities: WINSRE's short term assets (KWD62.0M) exceed its long term liabilities (KWD61.4M).
Debt to Equity History and Analysis
Debt Level: WINSRE has more cash than its total debt.
Reducing Debt: WINSRE's debt to equity ratio has increased from 0% to 9.9% over the past 5 years.
Debt Coverage: WINSRE's debt is well covered by operating cash flow (306.7%).
Interest Coverage: Insufficient data to determine if WINSRE's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:57 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Warba Insurance and Reinsurance Company (K.S.C.P.) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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