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 BDT2.3B and BDT1.0B respectively. Express Insurance's EBIT is BDT143.9M making its interest coverage ratio 103. It has cash and short-term investments of BDT1.2B.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 103x |
| Cash | ৳1.17b |
| Equity | ৳1.25b |
| Total liabilities | ৳1.04b |
| Total assets | ৳2.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EIL's short term assets (BDT1.8B) exceed its short term liabilities (BDT867.1M).
Long Term Liabilities: EIL's short term assets (BDT1.8B) exceed its long term liabilities (BDT169.1M).
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.