Asia Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Asia Insurance has a total shareholder equity of BDT1.2B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT2.5B and BDT1.4B respectively. Asia Insurance's EBIT is BDT135.6M making its interest coverage ratio 58.4. It has cash and short-term investments of BDT24.3M.
Key information
0%
Debt to equity ratio
৳0
Debt
Interest coverage ratio | 58.4x |
Cash | ৳24.32m |
Equity | ৳1.15b |
Total liabilities | ৳1.36b |
Total assets | ৳2.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASIAINS's short term assets (BDT1.1B) do not cover its short term liabilities (BDT1.2B).
Long Term Liabilities: ASIAINS's short term assets (BDT1.1B) exceed its long term liabilities (BDT199.0M).
Debt to Equity History and Analysis
Debt Level: ASIAINS is debt free.
Reducing Debt: ASIAINS has not had any debt for past 5 years.
Debt Coverage: ASIAINS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASIAINS has no debt, therefore coverage of interest payments is not a concern.