Investment Corporation of Bangladesh Balance Sheet Health
Financial Health criteria checks 3/6
Investment of Bangladesh has a total shareholder equity of BDT42.2B and total debt of BDT21.9B, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are BDT190.5B and BDT148.3B respectively.
Key information
51.8%
Debt to equity ratio
৳21.90b
Debt
Interest coverage ratio | n/a |
Cash | ৳11.96b |
Equity | ৳42.24b |
Total liabilities | ৳148.29b |
Total assets | ৳190.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICB's short term assets (BDT36.7B) exceed its short term liabilities (BDT3.1B).
Long Term Liabilities: ICB's short term assets (BDT36.7B) do not cover its long term liabilities (BDT145.2B).
Debt to Equity History and Analysis
Debt Level: ICB's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: ICB's debt to equity ratio has reduced from 73.5% to 51.8% over the past 5 years.
Debt Coverage: ICB's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: Insufficient data to determine if ICB's interest payments on its debt are well covered by EBIT.