Universal Insurance Balance Sheet Health

Financial Health criteria checks 6/6

Universal Insurance has a total shareholder equity of PKR657.1M and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR853.7M and PKR196.6M respectively.

Key information

Debt to equity ratio

PK₨0

Debt

Interest coverage ratio	n/a
Cash	PK₨191.09m
Equity	PK₨657.06m
Total liabilities	PK₨196.64m
Total assets	PK₨853.70m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: UVIC's short term assets (PKR302.7M) exceed its short term liabilities (PKR172.3M).

Long Term Liabilities: UVIC's short term assets (PKR302.7M) exceed its long term liabilities (PKR24.3M).

Debt to Equity History and Analysis

Debt Level: UVIC is debt free.

Reducing Debt: UVIC had no debt 5 years ago.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: UVIC has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: UVIC has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 30% each year.

Universal Insurance Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

First quarter 2024 earnings released: PK₨0.22 loss per share (vs PK₨0.02 profit in 1Q 2023)

Full year 2023 earnings released: PK₨3.10 loss per share (vs PK₨2.22 loss in FY 2022)

the Universal Insurance Company Limited Announces Resignation of Abdul Waheed Chaudhry as Chief Financial Officer

Third quarter 2023 earnings released: EPS: PK₨0.11 (vs PK₨0.66 loss in 3Q 2022)

Second quarter 2023 earnings released: PK₨0.26 loss per share (vs PK₨0.27 loss in 2Q 2022)

The Universal Insurance Company Announces Chief Financial Officer Changes

Less than half of directors are independent

Full year 2022 earnings released: PK₨2.22 loss per share (vs PK₨0.81 profit in FY 2021)

Less than half of directors are independent

Less than half of directors are independent

The Universal Insurance Company Limited Announces Board Changes

Less than half of directors are independent

Less than half of directors are independent

Third quarter 2022 earnings released: PK₨0.66 loss per share (vs PK₨0.12 loss in 3Q 2021)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

The Universal Insurance Company Limited Announces Executive Changes

Less than half of directors are independent

The Universal Insurance Company Limited Announces Appointment of Ali Kuli Khan Khattakhas as Director

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: PK₨0.12 loss per share (vs PK₨0.83 loss in 3Q 2020)

Second quarter 2021 earnings released: PK₨0.23 loss per share (vs PK₨0.035 profit in 2Q 2020)

Full year 2020 earnings released: PK₨1.76 loss per share (vs PK₨0.047 profit in FY 2019)

New 90-day low: PK₨4.20

Universal Insurance Company Limited Announces Board Changes

New 90-day low: PK₨4.75

New 90-day low: PK₨5.05

Third quarter 2020 earnings released: PK₨0.83 loss per share

New 90-day high: PK₨6.85

First half earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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