Bangladesh General Insurance Company PLC.

DSE:BGIC Stock Report

Market Cap: ৳1.9b

Bangladesh General Insurance Balance Sheet Health

Financial Health criteria checks 6/6

Bangladesh General 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 BDT1.9B and BDT812.5M respectively. Bangladesh General Insurance's EBIT is BDT132.8M making its interest coverage ratio 6.1. It has cash and short-term investments of BDT1.2B.

Key information

0%

Debt to equity ratio

৳0

Debt

Interest coverage ratio6.1x
Cash৳1.22b
Equity৳1.09b
Total liabilities৳812.51m
Total assets৳1.90b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: BGIC's short term assets (BDT1.7B) exceed its short term liabilities (BDT705.4M).

Long Term Liabilities: BGIC's short term assets (BDT1.7B) exceed its long term liabilities (BDT107.1M).


Debt to Equity History and Analysis

Debt Level: BGIC is debt free.

Reducing Debt: BGIC had no debt 5 years ago.

Debt Coverage: BGIC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BGIC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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