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 SAR3.4B and SAR1.8B respectively. Arabian Shield Cooperative Insurance's EBIT is SAR161.2M 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 ratio | 2.2x |
| Cash | ر.س1.24b |
| Equity | ر.س1.59b |
| Total liabilities | ر.س1.77b |
| Total assets | ر.س3.36b |
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
Introducing Arabian Shield Cooperative Insurance (TADAWUL:8070), A Stock That Climbed 98% In The Last Five Years
Jan 21
Is Arabian Shield Cooperative Insurance Company (TADAWUL:8070) Popular Amongst Insiders?
Dec 17Arabian Shield Cooperative Insurance Company (TADAWUL:8070) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Nov 20Financial Position Analysis
Short Term Liabilities: 8070's short term assets (SAR1.8B) exceed its short term liabilities (SAR110.7M).
Long Term Liabilities: 8070's short term assets (SAR1.8B) 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.