Zambia Reinsurance Balance Sheet Health
Financial Health criteria checks 6/6
Zambia Reinsurance has a total shareholder equity of ZMW98.3M and total debt of ZMW0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZMW125.4M and ZMW27.1M respectively.
Key information
0%
Debt to equity ratio
K0
Debt
| Interest coverage ratio | n/a |
| Cash | K74.23m |
| Equity | K98.28m |
| Total liabilities | K27.10m |
| Total assets | K125.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZAMBIA RE's short term assets (ZMW108.4M) exceed its short term liabilities (ZMW26.0M).
Long Term Liabilities: ZAMBIA RE's short term assets (ZMW108.4M) exceed its long term liabilities (ZMW1.1M).
Debt to Equity History and Analysis
Debt Level: ZAMBIA RE is debt free.
Reducing Debt: ZAMBIA RE has no debt compared to 5 years ago when its debt to equity ratio was 7.6%.
Debt Coverage: ZAMBIA RE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ZAMBIA RE has no debt, therefore coverage of interest payments is not a concern.