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AIICO InsuranceNSA:AIIC -0.26%43 Cash-to-Debt is 0.34 as of Mar. 2026, which is 47% below its 10-year median of 0.64. GuruFocus rates NSA:AIIC with a GF Score™ of 43/100 and a GF Value™ of ₦5.10 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 491 Insurance companies, AIICO Insurance ranks worse than 83.91% on this metric.
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. AIICO Insurance's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.34.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, AIICO Insurancecouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for AIICO Insurance's Cash-to-Debt or its related term are showing as below:
NSA:AIIC'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 0.64 Max: 1.73
Current: 0.34
During the past 11 years, AIICO Insurance's highest Cash to Debt Ratio was 1.73. The lowest was 0.27. And the median was 0.64.
NSA:AIIC's Cash-to-Debt is ranked worse than 83.91% of 491
companies
in the Insurance industry
Industry Median: 2.05
vs NSA:AIIC: 0.34
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
AIICO Insurance Cash-to-Debt Related Terms
AIICO Insurance Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for AIICO Insurance'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.
NSA:AIIC vs BRK.A, AIG, HIG: Cash-to-Debt Comparison
For the Insurance - Diversified subindustry, AIICO Insurance'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.
AIICO Insurance Cash-to-Debt vs Insurance Industry
For the Insurance industry and Financial Services sector, AIICO Insurance's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where AIICO Insurance's Cash-to-Debt falls into.
* 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.
AIICO Insurance (NSA:AIIC) has a Cash-to-Debt of 0.34 as of Mar. 2026. This is 47% below median its historical median of 0.64. Over the past decade, AIICO Insurance's Cash-to-Debt has ranged from 0.27 to 1.73. According to the industry distribution chart, AIICO Insurance ranks #412 out of 491 companies in the Insurance industry, placing it in the top 83.9%.
Is AIICO Insurance's Cash-to-Debt too high?
AIICO Insurance's current Cash-to-Debt of 0.34 is 47% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.73. The Insurance industry median Cash-to-Debt is 2.05. AIICO Insurance's value of 0.34 is 83.4% below this industry median. Based on the distribution chart, AIICO Insurance ranks #412 out of 491 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, AIICO Insurance has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AIICO Insurance's Cash-to-Debt compare to BRK.A and AIG?
According to the Insurance industry distribution chart, AIICO Insurance ranks #412 out of 491 companies for Cash-to-Debt. This places AIICO Insurance in the lower half of its industry. The industry median Cash-to-Debt is 2.05. AIICO Insurance's value of 0.34 is 83.4% below this benchmark. Historically, AIICO Insurance's own Cash-to-Debt has ranged from 0.27 to 1.73 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 2.05, AIICO Insurance has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Insurance company?
The median Cash-to-Debt among Insurance companies is 2.05, based on 491 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AIICO Insurance's current Cash-to-Debt of 0.34 is 83.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Insurance industry, the median Cash-to-Debt is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIICO Insurance's current Cash-to-Debt is 0.34, which is 47% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIICO Insurance stock overvalued right now?
Based on GuruFocus' analysis, AIICO Insurance (NSA:AIIC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₦5.10, compared to a current price of ₦3.89 — trading 23.7% below its estimated fair value. The current Cash-to-Debt is 0.34, which is 47% below median its 10-year median of 0.64 and 83.4% below the Insurance industry median of 2.05. AIICO Insurance's overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For AIICO Insurance (NSA:AIIC), the current Cash-to-Debt is 0.34 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AIICO Insurance (NSA:AIIC) Overvalued in 2026?
Based on GuruFocus' analysis, AIICO Insurance stock appears to be undervalued.
The current stock price of ₦3.89 is trading 23.7% below its estimated GF Value™ of ₦5.10.
GuruFocus considers AIICO Insurance to be Modestly Undervalued.
Key valuation signals for NSA:AIIC:
Cash-to-Debt: 0.34 (47% below median its 10-year median of 0.64)
GF Value™: ₦5.10 vs. price of ₦3.89 (23.7% below fair value)
Industry Position: 83.4% below the Insurance median (#412 of 491)
No single metric tells the full story. See the NSA:AIIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AIICO Insurance PLC provides life and health insurance, general insurance, investment management, and pension management services as a means to create and protect wealth for individuals, families, and corporate customers in Nigeria. The company's key business areas include Life Insurance Business, Non-Life Insurance Business, Health, and Wealth Management, Deposit Administration, and Financial Services to organizations and private individuals. The group has four reportable segments: Life business, which generates maximum revenue, General business, Health management services, and Asset management. The life insurance segment offers savings, protection products and other long-term contracts. It comprises of whole life, term assurance, guaranteed pensions, pure endowment pensions and Others.
43GF Score
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