Investment Corporation of Bangladesh Balance Sheet Health
Financial Health criteria checks 2/6
Investment of Bangladesh has a total shareholder equity of BDT42.8B and total debt of BDT26.0B, which brings its debt-to-equity ratio to 60.7%. Its total assets and total liabilities are BDT191.4B and BDT148.6B respectively.
Key information
60.7%
Debt to equity ratio
৳26.00b
Debt
Interest coverage ratio | n/a |
Cash | ৳10.90b |
Equity | ৳42.81b |
Total liabilities | ৳148.62b |
Total assets | ৳191.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICB's short term assets (BDT36.9B) exceed its short term liabilities (BDT6.2B).
Long Term Liabilities: ICB's short term assets (BDT36.9B) do not cover its long term liabilities (BDT142.4B).
Debt to Equity History and Analysis
Debt Level: ICB's net debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: ICB's debt to equity ratio has increased from 57.5% to 60.7% over the past 5 years.
Debt Coverage: ICB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ICB's interest payments on its debt are well covered by EBIT.