Saudi Arabian Cooperative Insurance Company SJSC

SAICO's capital structure is characterized by a debt-to-equity ratio of 0.0, indicating no long-term debt obligations, and a liquidity position supported by SAR 124.5 million in cash and equivalents. The company's return on equity (ROE) of 5.34% and return on assets (ROA) of 1.0% suggest modest profitability relative to its equity and asset base. Profitability metrics show a net income of SAR 22.18 million despite an operating loss of SAR 5.05 million, indicating non-operating income or gains offsetting operational costs. The ROE of 5.34% is below the industry median for multiline insurers, which typically range between 8-12%, suggesting underperformance in capital efficiency. The company's revenue is distributed across six segments, with no disclosed concentration in any single segment or geography. This diversification reduces exposure to sector-specific downturns but limits visibility into high-growth areas. Outlook for the current fiscal year shows a net income of SAR 22.18 million, with no disclosed revenue growth or decline. Historical operating cash flow of SAR 16.65 million and free cash flow of SAR 14.15 million suggest stable cash generation, though capital expenditures of SAR 13.66 million indicate ongoing investment. Risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The absence of long-term debt and a low dilution score suggest a conservative capital structure. However, the company's ESG governance score of 32.8 and social score of 16.0 highlight potential reputational and regulatory risks. Recent events include a reported EPS of -0.35 SAR, indicating a loss per share, and an ESG controversies score of 100.0, suggesting active management of ESG-related issues.