Wafa Assurance Balance Sheet Health

Financial Health criteria checks 2/6

Wafa Assurance has a total shareholder equity of MAD9.0B and total debt of MAD127.8M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are MAD61.8B and MAD52.8B respectively.

Key information

1.4%

Debt to equity ratio

د.م127.76m

Debt

Interest coverage ration/a
Cashد.م668.59m
Equityد.م9.03b
Total liabilitiesد.م52.76b
Total assetsد.م61.79b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: WAA's short term assets (MAD11.3B) do not cover its short term liabilities (MAD16.5B).

Long Term Liabilities: WAA's short term assets (MAD11.3B) do not cover its long term liabilities (MAD36.3B).


Debt to Equity History and Analysis

Debt Level: WAA has more cash than its total debt.

Reducing Debt: WAA's debt to equity ratio has increased from 0.05% to 1.4% over the past 5 years.

Debt Coverage: WAA's debt is well covered by operating cash flow (2092.7%).

Interest Coverage: Insufficient data to determine if WAA's interest payments on its debt are well covered by EBIT.


Balance Sheet


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