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 SAR3.4B 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 ratio2.2x
Cashر.س1.24b
Equityر.س1.59b
Total liabilitiesر.س1.77b
Total assetsر.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
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 (SAR1.8B) 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.


Balance Sheet


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