Habib Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Habib Insurance has a total shareholder equity of PKR1.5B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR5.5B and PKR4.0B respectively. Habib Insurance's EBIT is PKR171.9M making its interest coverage ratio 18.9. It has cash and short-term investments of PKR661.9M.
Key information
0%
Debt to equity ratio
PK₨0
Debt
| Interest coverage ratio | 18.9x |
| Cash | PK₨661.86m |
| Equity | PK₨1.50b |
| Total liabilities | PK₨3.99b |
| Total assets | PK₨5.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HICL's short term assets (PKR3.6B) exceed its short term liabilities (PKR3.5B).
Long Term Liabilities: HICL's short term assets (PKR3.6B) exceed its long term liabilities (PKR454.4M).
Debt to Equity History and Analysis
Debt Level: HICL is debt free.
Reducing Debt: HICL had no debt 5 years ago.
Debt Coverage: HICL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HICL has no debt, therefore coverage of interest payments is not a concern.