Shaheen Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Shaheen Insurance has a total shareholder equity of PKR844.6M and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR1.6B and PKR776.0M respectively. Shaheen Insurance's EBIT is PKR165.7M making its interest coverage ratio 71.4. It has cash and short-term investments of PKR753.1M.
Key information
0%
Debt to equity ratio
PK₨0
Debt
| Interest coverage ratio | 71.4x |
| Cash | PK₨753.14m |
| Equity | PK₨844.61m |
| Total liabilities | PK₨776.02m |
| Total assets | PK₨1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHNI's short term assets (PKR1.1B) exceed its short term liabilities (PKR700.6M).
Long Term Liabilities: SHNI's short term assets (PKR1.1B) exceed its long term liabilities (PKR75.4M).
Debt to Equity History and Analysis
Debt Level: SHNI is debt free.
Reducing Debt: SHNI has not had any debt for past 5 years.
Debt Coverage: SHNI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SHNI has no debt, therefore coverage of interest payments is not a concern.