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 ratio | n/a |
Cash | د.م668.59m |
Equity | د.م9.03b |
Total liabilities | د.م52.76b |
Total assets | د.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.