AIICO Insurance Financial Health
How is AIICO Insurance's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: AIICO's short term assets (NGN171.9B) exceed its short term liabilities (NGN74.7B).
Long Term Liabilities: AIICO's short term assets (NGN171.9B) exceed its long term liabilities (NGN157.4B).
Debt to Equity History and Analysis
Debt Level: AIICO is debt free.
Reducing Debt: AIICO has no debt compared to 5 years ago when its debt to equity ratio was 23%.
Debt Coverage: AIICO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AIICO has no debt, therefore coverage of interest payments is not a concern.