Al-Etihad Cooperative Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Al-Etihad Cooperative Insurance has a total shareholder equity of SAR674.3M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR1.8B and SAR1.1B respectively. Al-Etihad Cooperative Insurance's EBIT is SAR90.8M making its interest coverage ratio 391.4. It has cash and short-term investments of SAR236.3M.
Key information
0%
Debt to equity ratio
ر.س0
Debt
| Interest coverage ratio | 391.4x |
| Cash | ر.س236.32m |
| Equity | ر.س674.28m |
| Total liabilities | ر.س1.10b |
| Total assets | ر.س1.77b |
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
Is Al-Etihad Cooperative Insurance's (TADAWUL:8170) 210% Share Price Increase Well Justified?
Jan 21Are Robust Financials Driving The Recent Rally In Al-Etihad Cooperative Insurance Co.'s (TADAWUL:8170) Stock?
Dec 17Financial Position Analysis
Short Term Liabilities: 8170's short term assets (SAR508.9M) do not cover its short term liabilities (SAR599.0M).
Long Term Liabilities: 8170's short term assets (SAR508.9M) exceed its long term liabilities (SAR501.6M).
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.