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 BDT93.6K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are BDT1.1B and BDT737.4M respectively. Chartered Life Insurance's EBIT is BDT146.0M making its interest coverage ratio 43.5. It has cash and short-term investments of BDT72.1M.
Key information
0.03%
Debt to equity ratio
৳93.62k
Debt
| Interest coverage ratio | 43.5x |
| Cash | ৳72.12m |
| Equity | ৳375.00m |
| Total liabilities | ৳737.35m |
| Total assets | ৳1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLICL's short term assets (BDT188.8M) exceed its short term liabilities (BDT69.0M).
Long Term Liabilities: CLICL's short term assets (BDT188.8M) do not cover its long term liabilities (BDT668.4M).
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 12.7% to 0.03% over the past 5 years.
Debt Coverage: CLICL's debt is well covered by operating cash flow (96128.6%).
Interest Coverage: CLICL's interest payments on its debt are well covered by EBIT (43.5x coverage).