Al-Etihad Cooperative Insurance Company

SASE:8170 Stock Report

Market Cap: ر.س1.0b

Al-Etihad Cooperative Insurance Balance Sheet Health

Financial Health criteria checks 5/6

Al-Etihad Cooperative Insurance has a total shareholder equity of SAR696.7M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR1.6B and SAR939.8M respectively. Al-Etihad Cooperative Insurance's EBIT is SAR88.6M making its interest coverage ratio 428. It has cash and short-term investments of SAR237.3M.

Key information

0%

Debt to equity ratio

ر.س0

Debt

Interest coverage ratio428x
Cashر.س237.30m
Equityر.س696.67m
Total liabilitiesر.س939.76m
Total assetsر.س1.64b

Recent financial health updates

No updates

Recent updates

Al-Etihad Cooperative Insurance Company's (TADAWUL:8170) 26% Price Boost Is Out Of Tune With Revenues

Mar 26
Al-Etihad Cooperative Insurance Company's (TADAWUL:8170) 26% Price Boost Is Out Of Tune With Revenues

Is Al-Etihad Cooperative Insurance's (TADAWUL:8170) 210% Share Price Increase Well Justified?

Jan 21
Is Al-Etihad Cooperative Insurance's (TADAWUL:8170) 210% Share Price Increase Well Justified?

Are Robust Financials Driving The Recent Rally In Al-Etihad Cooperative Insurance Co.'s (TADAWUL:8170) Stock?

Dec 17
Are Robust Financials Driving The Recent Rally In Al-Etihad Cooperative Insurance Co.'s (TADAWUL:8170) Stock?

Financial Position Analysis

Short Term Liabilities: 8170's short term assets (SAR507.2M) do not cover its short term liabilities (SAR508.2M).

Long Term Liabilities: 8170's short term assets (SAR507.2M) exceed its long term liabilities (SAR431.5M).


Debt to Equity History and Analysis

Debt Level: 8170 is debt free.

Reducing Debt: 8170 has not had any debt for past 5 years.

Debt Coverage: 8170 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8170 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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