Eastern Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Eastern Insurance has a total shareholder equity of BDT2.1B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT2.8B and BDT702.9M respectively. Eastern Insurance's EBIT is BDT141.1M making its interest coverage ratio 110.6. It has cash and short-term investments of BDT1.4B.
Key information
0%
Debt to equity ratio
৳0
Debt
Interest coverage ratio | 110.6x |
Cash | ৳1.42b |
Equity | ৳2.14b |
Total liabilities | ৳702.88m |
Total assets | ৳2.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EASTERNINS's short term assets (BDT1.4B) exceed its short term liabilities (BDT625.3M).
Long Term Liabilities: EASTERNINS's short term assets (BDT1.4B) exceed its long term liabilities (BDT77.6M).
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.