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 BDT819.3M respectively. Bangladesh General Insurance's EBIT is BDT141.7M making its interest coverage ratio 11.6. It has cash and short-term investments of BDT1.2B.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 11.6x |
| Cash | ৳1.24b |
| Equity | ৳1.08b |
| Total liabilities | ৳819.30m |
| 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 (BDT665.4M).
Long Term Liabilities: BGIC's short term assets (BDT1.7B) exceed its long term liabilities (BDT153.9M).
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.