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.