Jubilee Life Insurance Company Limited

KASE:JLICL Stock Report

Market Cap: PK₨16.1b

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 ratio31.4x
CashPK₨168.16b
EquityPK₨15.99b
Total liabilitiesPK₨207.78b
Total assetsPK₨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).


Balance Sheet


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