Chartered Life Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Chartered Life Insurance has a total shareholder equity of BDT375.0M and total debt of BDT47.7K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are BDT1.0B and BDT642.1M respectively. Chartered Life Insurance's EBIT is BDT149.3M making its interest coverage ratio 22.9. It has cash and short-term investments of BDT58.8M.
Key information
0.01%
Debt to equity ratio
৳47.75k
Debt
Interest coverage ratio | 22.9x |
Cash | ৳58.76m |
Equity | ৳375.00m |
Total liabilities | ৳642.06m |
Total assets | ৳1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLICL's short term assets (BDT171.0M) exceed its short term liabilities (BDT71.1M).
Long Term Liabilities: CLICL's short term assets (BDT171.0M) do not cover its long term liabilities (BDT571.0M).
Debt to Equity History and Analysis
Debt Level: CLICL has more cash than its total debt.
Reducing Debt: CLICL's debt to equity ratio has reduced from 13% to 0.01% over the past 5 years.
Debt Coverage: CLICL's debt is well covered by operating cash flow (235757%).
Interest Coverage: CLICL's interest payments on its debt are well covered by EBIT (22.9x coverage).