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 BDT2.5B and BDT671.3M respectively. Eastland Insurance's EBIT is BDT109.8M making its interest coverage ratio 6.9. It has cash and short-term investments of BDT361.5M.
Key information
0%
Debt to equity ratio
৳0
Debt
Interest coverage ratio | 6.9x |
Cash | ৳361.47m |
Equity | ৳1.82b |
Total liabilities | ৳671.32m |
Total assets | ৳2.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EASTLAND's short term assets (BDT1.7B) exceed its short term liabilities (BDT5.5M).
Long Term Liabilities: EASTLAND's short term assets (BDT1.7B) exceed its long term liabilities (BDT665.8M).
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.