Express Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Express Insurance has a total shareholder equity of BDT1.2B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT2.1B and BDT911.0M respectively. Express Insurance's EBIT is BDT133.8M making its interest coverage ratio 129.6. It has cash and short-term investments of BDT1.1B.
Key information
0%
Debt to equity ratio
৳0
Debt
Interest coverage ratio | 129.6x |
Cash | ৳1.14b |
Equity | ৳1.20b |
Total liabilities | ৳910.96m |
Total assets | ৳2.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EIL's short term assets (BDT1.6B) exceed its short term liabilities (BDT781.9M).
Long Term Liabilities: EIL's short term assets (BDT1.6B) exceed its long term liabilities (BDT129.0M).
Debt to Equity History and Analysis
Debt Level: EIL is debt free.
Reducing Debt: EIL has not had any debt for past 5 years.
Debt Coverage: EIL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EIL has no debt, therefore coverage of interest payments is not a concern.