Ahlia Insurance Group Balance Sheet Health
Financial Health criteria checks 4/6
Ahlia Insurance Group has a total shareholder equity of $49.2M and total debt of $6.5M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are $86.7M and $37.5M respectively. Ahlia Insurance Group's EBIT is $1.0M making its interest coverage ratio -13.6. It has cash and short-term investments of $1.0M.
Key information
13.3%
Debt to equity ratio
US$6.52m
Debt
Interest coverage ratio | -13.6x |
Cash | US$1.02m |
Equity | US$49.21m |
Total liabilities | US$37.50m |
Total assets | US$86.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIG's short term assets ($22.4M) do not cover its short term liabilities ($30.8M).
Long Term Liabilities: AIG's short term assets ($22.4M) exceed its long term liabilities ($6.7M).
Debt to Equity History and Analysis
Debt Level: AIG's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: AIG's debt to equity ratio has reduced from 17.7% to 13.3% over the past 5 years.
Debt Coverage: AIG's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: AIG earns more interest than it pays, so coverage of interest payments is not a concern.