Atlas Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Atlas Insurance has a total shareholder equity of PKR6.6B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR17.0B and PKR10.4B respectively. Atlas Insurance's EBIT is PKR2.7B making its interest coverage ratio -90. It has cash and short-term investments of PKR1.3B.
Key information
0%
Debt to equity ratio
PK₨0
Debt
| Interest coverage ratio | -90x |
| Cash | PK₨1.35b |
| Equity | PK₨6.61b |
| Total liabilities | PK₨10.43b |
| Total assets | PK₨17.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATIL's short term assets (PKR6.0B) do not cover its short term liabilities (PKR7.3B).
Long Term Liabilities: ATIL's short term assets (PKR6.0B) exceed its long term liabilities (PKR3.1B).
Debt to Equity History and Analysis
Debt Level: ATIL is debt free.
Reducing Debt: ATIL has not had any debt for past 5 years.
Debt Coverage: ATIL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ATIL has no debt, therefore coverage of interest payments is not a concern.