Wafa Assurance Balance Sheet Health
Financial Health criteria checks 2/6
Wafa Assurance has a total shareholder equity of MAD9.5B and total debt of MAD521.6M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are MAD64.7B and MAD55.2B respectively.
Key information
5.5%
Debt to equity ratio
د.م521.60m
Debt
Interest coverage ratio | n/a |
Cash | د.م1.02b |
Equity | د.م9.51b |
Total liabilities | د.م55.21b |
Total assets | د.م64.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAA's short term assets (MAD10.3B) do not cover its short term liabilities (MAD15.6B).
Long Term Liabilities: WAA's short term assets (MAD10.3B) do not cover its long term liabilities (MAD39.6B).
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 5.5% over the past 5 years.
Debt Coverage: WAA's debt is well covered by operating cash flow (775.4%).
Interest Coverage: Insufficient data to determine if WAA's interest payments on its debt are well covered by EBIT.