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 QAR8.6B and total debt of QAR2.5B, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are QAR28.2B and QAR19.6B respectively. Qatar Insurance Company Q.S.P.C's EBIT is QAR1.2B making its interest coverage ratio 9.1. It has cash and short-term investments of QAR4.9B.
Key information
28.8%
Debt to equity ratio
ر.ق2.49b
Debt
| Interest coverage ratio | 9.1x |
| Cash | ر.ق4.87b |
| Equity | ر.ق8.64b |
| Total liabilities | ر.ق19.57b |
| Total assets | ر.ق28.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: QATI's short term assets (QAR12.5B) do not cover its short term liabilities (QAR18.3B).
Long Term Liabilities: QATI's short term assets (QAR12.5B) exceed its long term liabilities (QAR1.2B).
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 48.5% to 28.8% 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 (9.1x coverage).