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
Improved Earnings Required Before Saudi Reinsurance Company (TADAWUL:8200) Stock's 29% Jump Looks Justified
Dec 03
If EPS Growth Is Important To You, Saudi Reinsurance (TADAWUL:8200) Presents An Opportunity
Oct 28Saudi 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 11:08 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Saudi Reinsurance Company is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Madhu Appissa | Al Rajhi Capital |
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |