QLM Life & Medical Insurance Company Q.P.S.C.

DSM:QLMI Stock Report

Market Cap: ر.ق703.5m

QLM Life & Medical Insurance Company Q.P.S.C Balance Sheet Health

Financial Health criteria checks 4/6

QLM Life & Medical Insurance Company Q.P.S.C has a total shareholder equity of QAR606.0M and total debt of QAR286.7M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are QAR1.3B and QAR669.0M respectively. QLM Life & Medical Insurance Company Q.P.S.C's EBIT is QAR91.7M making its interest coverage ratio 5.2. It has cash and short-term investments of QAR520.8M.

Key information

47.3%

Debt to equity ratio

ر.ق286.75m

Debt

Interest coverage ratio5.2x
Cashر.ق520.77m
Equityر.ق605.97m
Total liabilitiesر.ق668.99m
Total assetsر.ق1.27b

Recent financial health updates

No updates

Recent updates

Earnings Tell The Story For QLM Life & Medical Insurance Company Q.P.S.C. (DSM:QLMI)

Jan 05
Earnings Tell The Story For QLM Life & Medical Insurance Company Q.P.S.C. (DSM:QLMI)

I Built A List Of Growing Companies And QLM Life & Medical Insurance Company Q.P.S.C (DSM:QLMI) Made The Cut

May 09
I Built A List Of Growing Companies And QLM Life & Medical Insurance Company Q.P.S.C (DSM:QLMI) Made The Cut

Financial Position Analysis

Short Term Liabilities: QLMI's short term assets (QAR602.9M) exceed its short term liabilities (QAR299.8M).

Long Term Liabilities: QLMI's short term assets (QAR602.9M) exceed its long term liabilities (QAR369.2M).


Debt to Equity History and Analysis

Debt Level: QLMI has more cash than its total debt.

Reducing Debt: QLMI's debt to equity ratio has increased from 28.1% to 47.3% over the past 5 years.

Debt Coverage: QLMI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: QLMI's interest payments on its debt are well covered by EBIT (5.2x coverage).


Balance Sheet


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