Salama Cooperative Insurance Company

SASE:8050 Stock Report

Market Cap: ر.س568.0m

Salama Cooperative Insurance Balance Sheet Health

Financial Health criteria checks 6/6

Salama Cooperative Insurance has a total shareholder equity of SAR215.0M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR749.2M and SAR534.2M respectively.

Key information

0%

Debt to equity ratio

ر.س0

Debt

Interest coverage ration/a
Cashر.س487.50m
Equityر.س215.03m
Total liabilitiesر.س534.19m
Total assetsر.س749.22m

Recent financial health updates

No updates

Recent updates

A Piece Of The Puzzle Missing From Salama Cooperative Insurance Company's (TADAWUL:8050) 27% Share Price Climb

Feb 18
A Piece Of The Puzzle Missing From Salama Cooperative Insurance Company's (TADAWUL:8050) 27% Share Price Climb

Investors Continue Waiting On Sidelines For Salama Cooperative Insurance Company (TADAWUL:8050)

Jan 03
Investors Continue Waiting On Sidelines For Salama Cooperative Insurance Company (TADAWUL:8050)

Even With A 30% Surge, Cautious Investors Are Not Rewarding Salama Cooperative Insurance Company's (TADAWUL:8050) Performance Completely

Sep 11
Even With A 30% Surge, Cautious Investors Are Not Rewarding Salama Cooperative Insurance Company's (TADAWUL:8050) Performance Completely

Salama Cooperative Insurance (TADAWUL:8050) Shareholders Have Enjoyed An Impressive 166% Share Price Gain

Jan 21
Salama Cooperative Insurance (TADAWUL:8050) Shareholders Have Enjoyed An Impressive 166% Share Price Gain

Salama Cooperative Insurance Company (TADAWUL:8050) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Nov 20
Salama Cooperative Insurance Company (TADAWUL:8050) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Financial Position Analysis

Short Term Liabilities: 8050's short term assets (SAR620.2M) exceed its short term liabilities (SAR57.7M).

Long Term Liabilities: 8050's short term assets (SAR620.2M) exceed its long term liabilities (SAR476.5M).


Debt to Equity History and Analysis

Debt Level: 8050 is debt free.

Reducing Debt: 8050 has not had any debt for past 5 years.

Debt Coverage: 8050 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8050 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.