Century Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Century Insurance has a total shareholder equity of PKR2.8B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR5.1B and PKR2.2B respectively. Century Insurance's EBIT is PKR824.1M making its interest coverage ratio 218.7. It has cash and short-term investments of PKR1.6B.
Key information
0%
Debt to equity ratio
PK₨0
Debt
| Interest coverage ratio | 218.7x |
| Cash | PK₨1.56b |
| Equity | PK₨2.82b |
| Total liabilities | PK₨2.25b |
| Total assets | PK₨5.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CENI's short term assets (PKR3.0B) exceed its short term liabilities (PKR2.2B).
Long Term Liabilities: CENI's short term assets (PKR3.0B) exceed its long term liabilities (PKR45.4M).
Debt to Equity History and Analysis
Debt Level: CENI is debt free.
Reducing Debt: CENI has not had any debt for past 5 years.
Debt Coverage: CENI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CENI has no debt, therefore coverage of interest payments is not a concern.