Damaan Islamic Insurance Company Beema (Q.P.S.C.) Balance Sheet Health
Financial Health criteria checks 5/6
Damaan Islamic Insurance Company Beema (Q.P.S.C.) has a total shareholder equity of QAR542.1M and total debt of QAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are QAR1.5B and QAR988.1M respectively. Damaan Islamic Insurance Company Beema (Q.P.S.C.)'s EBIT is QAR100.4M making its interest coverage ratio 436.9. It has cash and short-term investments of QAR201.3M.
Key information
0%
Debt to equity ratio
ر.ق0
Debt
| Interest coverage ratio | 436.9x |
| Cash | ر.ق201.32m |
| Equity | ر.ق542.07m |
| Total liabilities | ر.ق988.12m |
| Total assets | ر.ق1.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BEMA's short term assets (QAR581.3M) do not cover its short term liabilities (QAR819.3M).
Long Term Liabilities: BEMA's short term assets (QAR581.3M) exceed its long term liabilities (QAR168.8M).
Debt to Equity History and Analysis
Debt Level: BEMA is debt free.
Reducing Debt: BEMA has no debt compared to 5 years ago when its debt to equity ratio was 78%.
Debt Coverage: BEMA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BEMA has no debt, therefore coverage of interest payments is not a concern.