Reliance Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Reliance Insurance has a total shareholder equity of PKR1.3B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR2.4B and PKR1.1B respectively.
Key information
0%
Debt to equity ratio
PK₨0
Debt
Interest coverage ratio | n/a |
Cash | PK₨152.86m |
Equity | PK₨1.34b |
Total liabilities | PK₨1.07b |
Total assets | PK₨2.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RICL's short term assets (PKR1.1B) exceed its short term liabilities (PKR952.8M).
Long Term Liabilities: RICL's short term assets (PKR1.1B) exceed its long term liabilities (PKR116.5M).
Debt to Equity History and Analysis
Debt Level: RICL is debt free.
Reducing Debt: RICL has not had any debt for past 5 years.
Debt Coverage: RICL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RICL has no debt, therefore coverage of interest payments is not a concern.