Agrani Insurance Balance Sheet Health
Financial Health criteria checks 4/6
Agrani Insurance has a total shareholder equity of BDT685.3M and total debt of BDT64.9M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are BDT1.0B and BDT321.4M respectively.
Key information
9.5%
Debt to equity ratio
৳64.93m
Debt
| Interest coverage ratio | n/a |
| Cash | ৳240.42m |
| Equity | ৳685.34m |
| Total liabilities | ৳321.38m |
| Total assets | ৳1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGRANINS's short term assets (BDT731.6M) exceed its short term liabilities (BDT201.0M).
Long Term Liabilities: AGRANINS's short term assets (BDT731.6M) exceed its long term liabilities (BDT120.4M).
Debt to Equity History and Analysis
Debt Level: AGRANINS has more cash than its total debt.
Reducing Debt: AGRANINS's debt to equity ratio has reduced from 11.5% to 9.5% over the past 5 years.
Debt Coverage: AGRANINS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AGRANINS's interest payments on its debt are well covered by EBIT.