Arabian Shield Cooperative Insurance Company

SASE:8070 Stock Report

Market Cap: ر.س1.5b

Arabian Shield Cooperative Insurance Balance Sheet Health

Financial Health criteria checks 6/6

Arabian Shield Cooperative Insurance has a total shareholder equity of SAR1.6B and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR3.5B and SAR1.9B respectively. Arabian Shield Cooperative Insurance's EBIT is SAR180.2M making its interest coverage ratio 2.2. It has cash and short-term investments of SAR1.2B.

Key information

0%

Debt to equity ratio

ر.س0

Debt

Interest coverage ratio2.2x
Cashر.س1.23b
Equityر.س1.61b
Total liabilitiesر.س1.87b
Total assetsر.س3.48b

Recent financial health updates

No updates

Recent updates

Arabian Shield Cooperative Insurance Company's (TADAWUL:8070) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Feb 19
Arabian Shield Cooperative Insurance Company's (TADAWUL:8070) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Introducing Arabian Shield Cooperative Insurance (TADAWUL:8070), A Stock That Climbed 98% In The Last Five Years

Jan 21
Introducing Arabian Shield Cooperative Insurance (TADAWUL:8070), A Stock That Climbed 98% In The Last Five Years

Is Arabian Shield Cooperative Insurance Company (TADAWUL:8070) Popular Amongst Insiders?

Dec 17
Is Arabian Shield Cooperative Insurance Company (TADAWUL:8070) Popular Amongst Insiders?

Arabian Shield Cooperative Insurance Company (TADAWUL:8070) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Nov 20
Arabian Shield Cooperative Insurance Company (TADAWUL:8070) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Financial Position Analysis

Short Term Liabilities: 8070's short term assets (SAR1.9B) exceed its short term liabilities (SAR180.6M).

Long Term Liabilities: 8070's short term assets (SAR1.9B) exceed its long term liabilities (SAR1.7B).


Debt to Equity History and Analysis

Debt Level: 8070 is debt free.

Reducing Debt: 8070 has not had any debt for past 5 years.

Debt Coverage: 8070 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8070 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 06:19
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Arabian Shield Cooperative Insurance Company is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jaap MeijerArqaam Capital Research Offshore S.A.L.