Qatar General Insurance & Reinsurance Company Q.P.S.C Balance Sheet Health
Financial Health criteria checks 3/6
Qatar General Insurance & Reinsurance Company Q.P.S.C has a total shareholder equity of QAR3.4B and total debt of QAR1.0B, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are QAR5.8B and QAR2.4B respectively.
Key information
30.4%
Debt to equity ratio
ر.ق1.05b
Debt
| Interest coverage ratio | n/a |
| Cash | ر.ق455.35m |
| Equity | ر.ق3.44b |
| Total liabilities | ر.ق2.37b |
| Total assets | ر.ق5.81b |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By Qatar General Insurance & Reinsurance Company Q.P.S.C.'s (DSM:QGRI) Revenues Despite 37% Price Jump
Oct 14
Qatar General Insurance & Reinsurance Company Q.P.S.C. (DSM:QGRI) Doing What It Can To Lift Shares
Aug 28Investors Aren't Entirely Convinced By Qatar General Insurance & Reinsurance Company Q.P.S.C.'s (DSM:QGRI) Revenues
Mar 11Qatar General Insurance & Reinsurance Company QPSC's (DSM:QGRI) Stock Price Has Reduced 55% In The Past Three Years
Mar 05Financial Position Analysis
Short Term Liabilities: QGRI's short term assets (QAR1.3B) exceed its short term liabilities (QAR10.1M).
Long Term Liabilities: QGRI's short term assets (QAR1.3B) do not cover its long term liabilities (QAR2.4B).
Debt to Equity History and Analysis
Debt Level: QGRI's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: QGRI's debt to equity ratio has reduced from 33.4% to 30.4% over the past 5 years.
Debt Coverage: QGRI's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: Insufficient data to determine if QGRI's interest payments on its debt are well covered by EBIT.