Eastern Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Eastern Insurance has a total shareholder equity of BDT2.2B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT3.0B and BDT789.6M respectively. Eastern Insurance's EBIT is BDT67.2M making its interest coverage ratio 40.1. It has cash and short-term investments of BDT1.3B.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 40.1x |
| Cash | ৳1.32b |
| Equity | ৳2.22b |
| Total liabilities | ৳789.57m |
| Total assets | ৳3.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EASTERNINS's short term assets (BDT1.3B) exceed its short term liabilities (BDT731.8M).
Long Term Liabilities: EASTERNINS's short term assets (BDT1.3B) exceed its long term liabilities (BDT57.7M).
Debt to Equity History and Analysis
Debt Level: EASTERNINS is debt free.
Reducing Debt: EASTERNINS had no debt 5 years ago.
Debt Coverage: EASTERNINS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EASTERNINS has no debt, therefore coverage of interest payments is not a concern.