What is Dubai National Insurance & Reinsurance PSC Cash-to-Debt?
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Dubai National Insurance & Reinsurance PSC's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt (1).
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Dubai National Insurance & Reinsurance PSC could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
The historical rank and industry rank for Dubai National Insurance & Reinsurance PSC's Cash-to-Debt or its related term are showing as below:
DFM:DNIR'
s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
During the past 13 years, Dubai National Insurance & Reinsurance PSC's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.
Dubai National Insurance & Reinsurance PSC Cash-to-Debt Historical Data
The historical data trend for Dubai National Insurance & Reinsurance PSC's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Dubai National Insurance & Reinsurance PSC Cash-to-Debt Chart
|
Dubai National Insurance & Reinsurance PSC Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
Get a 7-Day Free Trial
|
|
|
No Debt |
No Debt |
No Debt |
No Debt |
No Debt |
|
Dubai National Insurance & Reinsurance PSC Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Cash-to-Debt |
Get a 7-Day Free Trial
|
|
|
|
|
|
|
|
|
|
|
|
|
No Debt |
No Debt |
No Debt |
No Debt |
No Debt |
Competitive Comparison of Dubai National Insurance & Reinsurance PSC's Cash-to-Debt
For the Insurance - Diversified subindustry, Dubai National Insurance & Reinsurance PSC's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dubai National Insurance & Reinsurance PSC's Cash-to-Debt Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Dubai National Insurance & Reinsurance PSC's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Dubai National Insurance & Reinsurance PSC's Cash-to-Debt falls into.
Dubai National Insurance & Reinsurance PSC Cash-to-Debt Calculation
This is the ratio of a company's
Balance Sheet Cash And Cash Equivalents
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
Dubai National Insurance & Reinsurance PSC's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Dubai National Insurance & Reinsurance PSC had no debt (1).
Dubai National Insurance & Reinsurance PSC's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
Dubai National Insurance & Reinsurance PSC had no debt (1).
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Business Description
Traded in Other Exchanges
N/A
Address
Dubai National Insurance Building, P.O. Box 1806, 7th & 9th Floor and Ground Floor, Deira, Port Saeed, Opposite to Deira City Centre, Dubai, ARE
Dubai National Insurance & Reinsurance PSC is engaged in providing insurance and reinsurance services. The company's insurance services consist of commercial insurance that includes motor fleet insurance, group medical insurance, engineering, general accidents, liability, marine, property, and group life, and personal accident insurance. Its personal insurance includes motor insurance, medical insurance, and travel insurance. Its segments include the Underwriting segment which is divided into general Insurance and life Insurance; and the Investments segment which is divided into Investment Property and Financial Assets. The company generates maximum revenue from the Underwriting segment.
Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DFM:DNIR has been successfully added to your