Saudi Reinsurance Balance Sheet Health
Financial Health criteria checks 4/6
Saudi Reinsurance has a total shareholder equity of SAR1.6B and total debt of SAR56.8M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are SAR3.2B and SAR1.6B respectively. Saudi Reinsurance's EBIT is SAR545.2M making its interest coverage ratio 25.3. It has cash and short-term investments of SAR652.0M.
Key information
3.5%
Debt to equity ratio
ر.س56.80m
Debt
| Interest coverage ratio | 25.3x |
| Cash | ر.س652.02m |
| Equity | ر.س1.62b |
| Total liabilities | ر.س1.57b |
| Total assets | ر.س3.19b |
Recent financial health updates
No updates
Recent updates
If EPS Growth Is Important To You, Saudi Reinsurance (TADAWUL:8200) Presents An Opportunity
Oct 28
Saudi Reinsurance Company (TADAWUL:8200) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Aug 26Saudi Reinsurance Company's (TADAWUL:8200) Prospects Need A Boost To Lift Shares
Jul 12If EPS Growth Is Important To You, Saudi Reinsurance (TADAWUL:8200) Presents An Opportunity
Mar 12It's A Story Of Risk Vs Reward With Saudi Reinsurance Company (TADAWUL:8200)
Jan 08Here's Why We Think Saudi Re for Cooperative Reinsurance (TADAWUL:8200) Is Well Worth Watching
Jun 10Investors Who Bought Saudi Re for Cooperative Reinsurance (TADAWUL:8200) Shares Five Years Ago Are Now Up 96%
Jan 25
Has Saudi Re for Cooperative Reinsurance Company's (TADAWUL:8200) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 03Financial Position Analysis
Short Term Liabilities: 8200's short term assets (SAR1.4B) do not cover its short term liabilities (SAR1.4B).
Long Term Liabilities: 8200's short term assets (SAR1.4B) exceed its long term liabilities (SAR126.9M).
Debt to Equity History and Analysis
Debt Level: 8200 has more cash than its total debt.
Reducing Debt: 8200's debt to equity ratio has increased from 0% to 3.5% over the past 5 years.
Debt Coverage: 8200's debt is well covered by operating cash flow (398.1%).
Interest Coverage: 8200's interest payments on its debt are well covered by EBIT (25.3x coverage).