RIMAC Seguros y Reaseguros Balance Sheet Health
Financial Health criteria checks 4/6
RIMAC Seguros y Reaseguros has a total shareholder equity of PEN2.6B and total debt of PEN96.6M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are PEN20.5B and PEN17.9B respectively. RIMAC Seguros y Reaseguros's EBIT is PEN532.9M making its interest coverage ratio 11. It has cash and short-term investments of PEN2.5B.
Key information
3.7%
Debt to equity ratio
S/96.61m
Debt
| Interest coverage ratio | 11x |
| Cash | S/2.49b |
| Equity | S/2.64b |
| Total liabilities | S/17.90b |
| Total assets | S/20.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RIMSEGC1's short term assets (PEN7.5B) exceed its short term liabilities (PEN6.0B).
Long Term Liabilities: RIMSEGC1's short term assets (PEN7.5B) do not cover its long term liabilities (PEN11.9B).
Debt to Equity History and Analysis
Debt Level: RIMSEGC1 has more cash than its total debt.
Reducing Debt: RIMSEGC1's debt to equity ratio has increased from 1.1% to 3.7% over the past 5 years.
Debt Coverage: RIMSEGC1's debt is well covered by operating cash flow (757%).
Interest Coverage: RIMSEGC1's interest payments on its debt are well covered by EBIT (11x coverage).