Agrani Insurance Balance Sheet Health
Financial Health criteria checks 4/6
Agrani Insurance has a total shareholder equity of BDT640.7M and total debt of BDT59.8M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are BDT936.4M and BDT295.8M respectively.
Key information
9.3%
Debt to equity ratio
৳59.78m
Debt
Interest coverage ratio | n/a |
Cash | ৳273.09m |
Equity | ৳640.69m |
Total liabilities | ৳295.75m |
Total assets | ৳936.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGRANINS's short term assets (BDT623.8M) exceed its short term liabilities (BDT108.0M).
Long Term Liabilities: AGRANINS's short term assets (BDT623.8M) exceed its long term liabilities (BDT187.8M).
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 increased from 4.7% to 9.3% over the past 5 years.
Debt Coverage: AGRANINS's debt is well covered by operating cash flow (28.5%).
Interest Coverage: Insufficient data to determine if AGRANINS's interest payments on its debt are well covered by EBIT.