|
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
Dubai National Insurance & Reinsurance (دبي الوطنية للتأمين )
Main Activities: Insurance Carriers and Related Activities
 |
Please check the full coverage of information what EMIS can offer you. | SEE SAMPLE |
Company Information |
|
Full name Dubai National Insurance & Reinsurance (دبي الوطنية للتأمين ) Headquarters P.O. Box 1806, Al Habtoor Motors Building, 2nd Floor, Al Ittihad Street, Deira Area, Dubai.; Dubai; Northern Emirates |
Status: Listed Legal Form: Other non-liability limited Operational Status: Operational Financial Auditors: Grant Thornton (2012) Incorporation Date: January 6, 1992 Total Employees: 87 Tel: 971 42956700 |
|
Company Description |
|
Dubai National Insurance & Reinsurance PSC is a United Arab Emirates-based public shareholding company that commenced its operations on the 1st of January, 1992. The Company is engaged in the provision of all classes of insurance and reinsurance products and services. Its products portfolio falls into two insurance segments: Corporate segment, which covers group life, group medical, motor, property, engineering, accident & liability, and marine, and Personal segment, which covers motor, medical, |
||
|
||
Company Analysis |
| According to the Individual - Audited financial statement for the Year of 2011, total net operating revenues decreased with -12.42%, from AED 131,047 thousands to AED 114,770 thousands. The results of the period increased 8.59% reaching AED 23,620 thousands at the end of the period against AED 21,751 thousands last year. Return on equity (Net income/Total equity) went from 13.37% to 14.12%, the Return On Asset (Net income / Total Asset) went from 3.51% to 6.87% and the Net Profit Margin (Net Income/Net Sales) went from 16.60% to 20.58% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 105.39% compared to 280.59% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.13 to 1.39 when compared to the previous year. |
Key Executives |
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
Companies with Similar Main Activities |
FULL COMPANY PROFILE
|
|
2012 Y (non-cons) |
2011 Y (non-cons) |
|
 | ||
| Audited | Audited | |
| ||
| Finglobe - MENA Spread Financial Statements | Finglobe - MENA Spread Financial Statements | |
| ||
| Unit | Thousands | Thousands |
| ||
Balance Sheet
| ||
Total Assets |
396,197 |
343,650 |
| ||
Current Assets |
297,886 |
242,777 |
| ||
Total Liabilities |
205,455 |
176,331 |
| ||
Shareholders Equity |
190,742 |
167,319 |
| ||
Current Liabilities |
203,339 |
174,570 |
| ||
| * All the accounts are in AED. | ||
Income Statement
| ||
Total Operating Revenue |
128,193 |
114,770 |
| ||
Net Profit (Loss) |
29,113 |
23,620 |
| ||
| * All the accounts are in AED. | ||
Ratios
| Profitability Ratios | ||
| ||
Return on Assets (ROA) |
7.35% |
6.87% |
| ||
Annualised Return on Assets (ROA) |
7.35% |
6.87% |
| ||
Return on Equity (ROE) |
15.26% |
14.12% |
| ||
Annualised Return on Equity (ROE) |
17.48% |
14.52% |
| ||
Return on Sales (ROS) |
22.71% |
20.58% |
| ||
Gross Profit Margin |
100% |
100% |
| Efficiency Ratios | ||
| ||
Accounts Receivable Turnover |
3.41x |
2.42x |
| ||
Current asset turnover |
0.43x |
0.47x |
| ||
Fixed-asset turnover |
1.30x |
1.14x |
| ||
Asset Turnover |
0.32x |
0.33x |
| Valuation figures and ratios | ||
| ||
Enterprise value |
427,151 |
401,608 |
| ||
Bookvalue (BV) |
190,742 |
167,319 |
| ||
Net Cash |
-174,151 |
-165,108 |
| Liquidity Ratios | ||
| ||
Current Ratio |
146.5% |
139.07% |
| ||
Quick ratio |
146.5% |
139.07% |
| ||
Doom's day ratio |
15.39% |
6.43% |
| Leverage Ratios | ||
| ||
Leverage ratio |
207.71% |
205.39% |
| ||
Debt to equity |
107.71% |
105.39% |
| ||
Debt to total assets |
51.86% |
51.31% |
| ||
Long Term Debt to Capital |
1.1% |
1.04% |
| Market ratios | ||
| ||
Market Cap / Net cash |
-1.45 |
-1.43 |
| Trend Ratios | ||
| ||
Revenue Trend |
111.7% |
87.58% |
| ||
Net Income Trend |
123.26% |
108.59% |
| ||
 |