Bangladesh National Insurance Company Limited

DSE:BNICL Stock Report

Market Cap: ৳2.1b

Bangladesh National Insurance Balance Sheet Health

Financial Health criteria checks 6/6

Bangladesh National 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 BDT1.3B respectively. Bangladesh National Insurance's EBIT is BDT208.6M making its interest coverage ratio 128.3. It has cash and short-term investments of BDT1.5B.

Key information

0%

Debt to equity ratio

৳0

Debt

Interest coverage ratio128.3x
Cash৳1.45b
Equity৳1.09b
Total liabilities৳1.29b
Total assets৳2.38b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: BNICL's short term assets (BDT1.7B) exceed its short term liabilities (BDT1.3B).

Long Term Liabilities: BNICL's short term assets (BDT1.7B) exceed its long term liabilities (BDT1.0).


Debt to Equity History and Analysis

Debt Level: BNICL is debt free.

Reducing Debt: BNICL has not had any debt for past 5 years.

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

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


Balance Sheet


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