Al Sagr Cooperative Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Al Sagr Cooperative Insurance has a total shareholder equity of SAR198.2M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR574.0M and SAR375.8M respectively. Al Sagr Cooperative Insurance's EBIT is SAR49.5M making its interest coverage ratio 1810.3. It has cash and short-term investments of SAR389.1M.
Key information
0%
Debt to equity ratio
ر.س0
Debt
| Interest coverage ratio | 1810.3x |
| Cash | ر.س389.14m |
| Equity | ر.س198.20m |
| Total liabilities | ر.س375.76m |
| Total assets | ر.س573.96m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8180's short term assets (SAR472.8M) exceed its short term liabilities (SAR56.7M).
Long Term Liabilities: 8180's short term assets (SAR472.8M) exceed its long term liabilities (SAR319.1M).
Debt to Equity History and Analysis
Debt Level: 8180 is debt free.
Reducing Debt: 8180 has not had any debt for past 5 years.
Debt Coverage: 8180 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8180 has no debt, therefore coverage of interest payments is not a concern.