Gulf General Cooperative Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Gulf General Cooperative Insurance has a total shareholder equity of SAR300.4M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR490.2M and SAR189.8M respectively. Gulf General Cooperative Insurance's EBIT is SAR9.3M making its interest coverage ratio 1.2. It has cash and short-term investments of SAR68.0M.
Key information
0%
Debt to equity ratio
ر.س0
Debt
| Interest coverage ratio | 1.2x |
| Cash | ر.س68.03m |
| Equity | ر.س300.39m |
| Total liabilities | ر.س189.80m |
| Total assets | ر.س490.20m |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Gulf General Cooperative Insurance Company (TADAWUL:8260) After Shares Rise 86%
Mar 21
Gulf General Cooperative Insurance Company's (TADAWUL:8260) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Jan 25Did You Miss Gulf General Cooperative Insurance's (TADAWUL:8260) Impressive 133% Share Price Gain?
Dec 03
Financial Position Analysis
Short Term Liabilities: 8260's short term assets (SAR204.9M) exceed its short term liabilities (SAR17.1M).
Long Term Liabilities: 8260's short term assets (SAR204.9M) exceed its long term liabilities (SAR172.7M).
Debt to Equity History and Analysis
Debt Level: 8260 is debt free.
Reducing Debt: 8260 has not had any debt for past 5 years.
Debt Coverage: 8260 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8260 has no debt, therefore coverage of interest payments is not a concern.