United Insurance Company of Pakistan Balance Sheet Health
Financial Health criteria checks 6/6
United Insurance Company of Pakistan has a total shareholder equity of PKR5.0B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR13.9B and PKR8.8B respectively. United Insurance Company of Pakistan's EBIT is PKR1.3B making its interest coverage ratio 150.8. It has cash and short-term investments of PKR857.7M.
Key information
0%
Debt to equity ratio
PK₨0
Debt
Interest coverage ratio | 150.8x |
Cash | PK₨857.70m |
Equity | PK₨5.03b |
Total liabilities | PK₨8.83b |
Total assets | PK₨13.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNIC's short term assets (PKR9.5B) exceed its short term liabilities (PKR8.2B).
Long Term Liabilities: UNIC's short term assets (PKR9.5B) exceed its long term liabilities (PKR635.8M).
Debt to Equity History and Analysis
Debt Level: UNIC is debt free.
Reducing Debt: UNIC had no debt 5 years ago.
Debt Coverage: UNIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UNIC has no debt, therefore coverage of interest payments is not a concern.