Tamkeen Insurance Company

PLSE:TPIC Stock Report

Market Cap: US$25.4m

Tamkeen Insurance Balance Sheet Health

Financial Health criteria checks 6/6

Tamkeen Insurance has a total shareholder equity of $18.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $32.8M and $14.3M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$3.35m
EquityUS$18.50m
Total liabilitiesUS$14.30m
Total assetsUS$32.79m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TPIC's short term assets ($14.9M) exceed its short term liabilities ($11.8M).

Long Term Liabilities: TPIC's short term assets ($14.9M) 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.


Balance Sheet


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