Asia Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Asia Insurance has a total shareholder equity of BDT1.1B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT2.4B and BDT1.2B respectively. Asia Insurance's EBIT is BDT97.6M making its interest coverage ratio 45.4. It has cash and short-term investments of BDT54.5M.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 45.4x |
| Cash | ৳54.52m |
| Equity | ৳1.14b |
| Total liabilities | ৳1.23b |
| Total assets | ৳2.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASIAINS's short term assets (BDT1.0B) exceed its short term liabilities (BDT925.2M).
Long Term Liabilities: ASIAINS's short term assets (BDT1.0B) exceed its long term liabilities (BDT302.0M).
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.