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).