Bangladesh National Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Bangladesh National 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 BDT2.6B and BDT1.4B respectively. Bangladesh National Insurance's EBIT is BDT254.4M making its interest coverage ratio 89.6. It has cash and short-term investments of BDT1.6B.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 89.6x |
| Cash | ৳1.61b |
| Equity | ৳1.21b |
| Total liabilities | ৳1.41b |
| Total assets | ৳2.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNICL's short term assets (BDT1.9B) exceed its short term liabilities (BDT1.4B).
Long Term Liabilities: BNICL has no long term liabilities.
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.