Wafa Assurance Balance Sheet Health
Financial Health criteria checks 2/6
Wafa Assurance has a total shareholder equity of MAD10.4B and total debt of MAD295.5M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are MAD68.9B and MAD58.5B respectively.
Key information
2.8%
Debt to equity ratio
د.م295.53m
Debt
| Interest coverage ratio | n/a |
| Cash | د.م682.29m |
| Equity | د.م10.44b |
| Total liabilities | د.م58.49b |
| Total assets | د.م68.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAA's short term assets (MAD12.3B) do not cover its short term liabilities (MAD16.6B).
Long Term Liabilities: WAA's short term assets (MAD12.3B) do not cover its long term liabilities (MAD41.9B).
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 2.8% over the past 5 years.
Debt Coverage: WAA's debt is well covered by operating cash flow (1313.7%).
Interest Coverage: Insufficient data to determine if WAA's interest payments on its debt are well covered by EBIT.