Atlas Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Atlas Insurance has a total shareholder equity of PKR3.7B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR11.8B and PKR8.1B respectively. Atlas Insurance's EBIT is PKR1.7B making its interest coverage ratio 32.9. It has cash and short-term investments of PKR1.6B.
Key information
0%
Debt to equity ratio
PK₨0
Debt
| Interest coverage ratio | 32.9x |
| Cash | PK₨1.64b |
| Equity | PK₨3.70b |
| Total liabilities | PK₨8.09b |
| Total assets | PK₨11.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATIL's short term assets (PKR5.8B) do not cover its short term liabilities (PKR6.3B).
Long Term Liabilities: ATIL's short term assets (PKR5.8B) exceed its long term liabilities (PKR1.8B).
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.