Jubilee Life Insurance Balance Sheet Health
Financial Health criteria checks 4/6
Jubilee Life Insurance has a total shareholder equity of PKR16.0B and total debt of PKR250.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are PKR223.8B and PKR207.8B respectively. Jubilee Life Insurance's EBIT is PKR4.6B making its interest coverage ratio 31.4. It has cash and short-term investments of PKR168.2B.
Key information
1.6%
Debt to equity ratio
PK₨250.00m
Debt
| Interest coverage ratio | 31.4x |
| Cash | PK₨168.16b |
| Equity | PK₨15.99b |
| Total liabilities | PK₨207.78b |
| Total assets | PK₨223.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JLICL's short term assets (PKR172.9B) do not cover its short term liabilities (PKR205.0B).
Long Term Liabilities: JLICL's short term assets (PKR172.9B) exceed its long term liabilities (PKR2.8B).
Debt to Equity History and Analysis
Debt Level: JLICL has more cash than its total debt.
Reducing Debt: JLICL's debt to equity ratio has reduced from 14.2% to 1.6% over the past 5 years.
Debt Coverage: JLICL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JLICL's interest payments on its debt are well covered by EBIT (31.4x coverage).