Islami Commercial Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Islami Commercial Insurance has a total shareholder equity of BDT847.3M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT1.4B and BDT600.8M respectively.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | n/a |
| Cash | ৳453.18m |
| Equity | ৳847.27m |
| Total liabilities | ৳600.83m |
| Total assets | ৳1.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICICL's short term assets (BDT979.6M) exceed its short term liabilities (BDT428.4M).
Long Term Liabilities: ICICL's short term assets (BDT979.6M) exceed its long term liabilities (BDT172.5M).
Debt to Equity History and Analysis
Debt Level: ICICL is debt free.
Reducing Debt: ICICL has no debt compared to 5 years ago when its debt to equity ratio was 6.7%.
Debt Coverage: ICICL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ICICL has no debt, therefore coverage of interest payments is not a concern.