Eastland Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Eastland Insurance has a total shareholder equity of BDT1.8B 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 BDT811.4M respectively. Eastland Insurance's EBIT is BDT100.3M making its interest coverage ratio 6.3. It has cash and short-term investments of BDT391.6M.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 6.3x |
| Cash | ৳391.61m |
| Equity | ৳1.82b |
| Total liabilities | ৳811.42m |
| Total assets | ৳2.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EASTLAND's short term assets (BDT1.8B) exceed its short term liabilities (BDT6.7M).
Long Term Liabilities: EASTLAND's short term assets (BDT1.8B) exceed its long term liabilities (BDT804.7M).
Debt to Equity History and Analysis
Debt Level: EASTLAND is debt free.
Reducing Debt: EASTLAND had no debt 5 years ago.
Debt Coverage: EASTLAND has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EASTLAND has no debt, therefore coverage of interest payments is not a concern.