Tamkeen Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Tamkeen Insurance has a total shareholder equity of $18.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $32.6M and $14.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$2.81m |
Equity | US$18.24m |
Total liabilities | US$14.40m |
Total assets | US$32.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPIC's short term assets ($13.3M) exceed its short term liabilities ($11.9M).
Long Term Liabilities: TPIC's short term assets ($13.3M) exceed its long term liabilities ($2.5M).
Debt to Equity History and Analysis
Debt Level: TPIC is debt free.
Reducing Debt: TPIC has not had any debt for past 5 years.
Debt Coverage: TPIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TPIC has no debt, therefore coverage of interest payments is not a concern.