Qatar Islamic Insurance Group Q.P.S.C Balance Sheet Health
Financial Health criteria checks 6/6
Qatar Islamic Insurance Group Q.P.S.C has a total shareholder equity of QAR498.4M and total debt of QAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are QAR1.3B and QAR807.9M respectively. Qatar Islamic Insurance Group Q.P.S.C's EBIT is QAR169.0M making its interest coverage ratio 13.2. It has cash and short-term investments of QAR428.8M.
Key information
0%
Debt to equity ratio
ر.ق0
Debt
| Interest coverage ratio | 13.2x |
| Cash | ر.ق428.77m |
| Equity | ر.ق498.36m |
| Total liabilities | ر.ق807.93m |
| Total assets | ر.ق1.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: QISI's short term assets (QAR907.9M) exceed its short term liabilities (QAR621.4M).
Long Term Liabilities: QISI's short term assets (QAR907.9M) exceed its long term liabilities (QAR186.5M).
Debt to Equity History and Analysis
Debt Level: QISI is debt free.
Reducing Debt: QISI has not had any debt for past 5 years.
Debt Coverage: QISI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: QISI has no debt, therefore coverage of interest payments is not a concern.