The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company

SASE:8030 Stock Report

Market Cap: ر.س3.2b

Mediterranean and Gulf Cooperative Insurance and Reinsurance Balance Sheet Health

Financial Health criteria checks 5/6

Mediterranean and Gulf Cooperative Insurance and Reinsurance has a total shareholder equity of SAR943.7M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR3.2B and SAR2.2B respectively.

Key information

0%

Debt to equity ratio

ر.س0

Debt

Interest coverage ration/a
Cashر.س908.54m
Equityر.س943.68m
Total liabilitiesر.س2.22b
Total assetsر.س3.16b

Recent financial health updates

No updates

Recent updates

Market Might Still Lack Some Conviction On The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030) Even After 26% Share Price Boost

Apr 18
Market Might Still Lack Some Conviction On The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030) Even After 26% Share Price Boost

Investors Holding Back On The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)

Feb 09
Investors Holding Back On The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)

Subdued Growth No Barrier To The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Price

Nov 04
Subdued Growth No Barrier To The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Price

Mediterranean and Gulf Cooperative Insurance and Reinsurance's(TADAWUL:8030) Share Price Is Down 60% Over The Past Five Years.

Mar 11
Mediterranean and Gulf Cooperative Insurance and Reinsurance's(TADAWUL:8030) Share Price Is Down 60% Over The Past Five Years.

Are Institutions Heavily Invested In The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Shares?

Jan 20
Are Institutions Heavily Invested In The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Shares?

Should Weakness in The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Nov 27
Should Weakness in The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Financial Position Analysis

Short Term Liabilities: 8030's short term assets (SAR2.0B) exceed its short term liabilities (SAR194.4M).

Long Term Liabilities: 8030's short term assets (SAR2.0B) do not cover its long term liabilities (SAR2.0B).


Debt to Equity History and Analysis

Debt Level: 8030 is debt free.

Reducing Debt: 8030 has not had any debt for past 5 years.

Debt Coverage: 8030 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8030 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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