Jubilee Life Insurance Balance Sheet Health
Financial Health criteria checks 4/6
Jubilee Life Insurance has a total shareholder equity of PKR15.4B and total debt of PKR375.0M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are PKR205.5B and PKR190.1B respectively. Jubilee Life Insurance's EBIT is PKR4.5B making its interest coverage ratio 23.3. It has cash and short-term investments of PKR160.5B.
Key information
2.4%
Debt to equity ratio
PK₨375.00m
Debt
Interest coverage ratio | 23.3x |
Cash | PK₨160.51b |
Equity | PK₨15.35b |
Total liabilities | PK₨190.14b |
Total assets | PK₨205.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JLICL's short term assets (PKR168.0B) do not cover its short term liabilities (PKR186.9B).
Long Term Liabilities: JLICL's short term assets (PKR168.0B) exceed its long term liabilities (PKR3.2B).
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 14.5% to 2.4% 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 (23.3x coverage).