Qatar Islamic Insurance Group Q.P.S.C Balance Sheet Health
Financial Health criteria checks 5/6
Qatar Islamic Insurance Group Q.P.S.C has a total shareholder equity of QAR569.2M and total debt of QAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are QAR1.5B and QAR915.7M respectively. Qatar Islamic Insurance Group Q.P.S.C's EBIT is QAR162.8M making its interest coverage ratio 13.1. It has cash and short-term investments of QAR131.3M.
Key information
0%
Debt to equity ratio
ر.ق0
Debt
| Interest coverage ratio | 13.1x |
| Cash | ر.ق131.25m |
| Equity | ر.ق569.21m |
| Total liabilities | ر.ق915.75m |
| Total assets | ر.ق1.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: QISI's short term assets (QAR704.7M) do not cover its short term liabilities (QAR796.0M).
Long Term Liabilities: QISI's short term assets (QAR704.7M) exceed its long term liabilities (QAR119.7M).
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.