Asia Insurance Limited

DSE:ASIAINS Stock Report

Market Cap: ৳1.8b

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 ratio58.4x
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.


Balance Sheet


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