Qatar Insurance Company Q.S.P.C Balance Sheet Health
Financial Health criteria checks 4/6
Qatar Insurance Company Q.S.P.C has a total shareholder equity of QAR9.2B and total debt of QAR2.1B, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are QAR27.4B and QAR18.2B respectively. Qatar Insurance Company Q.S.P.C's EBIT is QAR1.3B making its interest coverage ratio 9.7. It has cash and short-term investments of QAR5.3B.
Key information
22.5%
Debt to equity ratio
ر.ق2.06b
Debt
| Interest coverage ratio | 9.7x |
| Cash | ر.ق5.28b |
| Equity | ر.ق9.16b |
| Total liabilities | ر.ق18.21b |
| Total assets | ر.ق27.37b |
Recent financial health updates
No updates
Recent updates
Fewer Investors Than Expected Jumping On Qatar Insurance Company Q.S.P.C. (DSM:QATI)
Sep 24
Lacklustre Performance Is Driving Qatar Insurance Company Q.S.P.C.'s (DSM:QATI) Low P/S
Apr 30Qatar Insurance Company Q.S.P.C.'s (DSM:QATI) P/E Still Appears To Be Reasonable
Dec 21Is Qatar Insurance Company Q.S.P.C.'s (DSM:QATI) 6.3% Dividend Sustainable?
Jan 06
Financial Position Analysis
Short Term Liabilities: QATI's short term assets (QAR10.9B) do not cover its short term liabilities (QAR17.4B).
Long Term Liabilities: QATI's short term assets (QAR10.9B) exceed its long term liabilities (QAR779.0M).
Debt to Equity History and Analysis
Debt Level: QATI has more cash than its total debt.
Reducing Debt: QATI's debt to equity ratio has reduced from 44.9% to 22.5% over the past 5 years.
Debt Coverage: QATI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: QATI's interest payments on its debt are well covered by EBIT (9.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 21:36 |
| End of Day Share Price | 2024/12/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Qatar Insurance Company Q.S.P.C. is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ranya Gnaba | AlphaMena |
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |
| Lemer Salah | Arqaam Capital Research Offshore S.A.L. |