Karnaphuli Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Karnaphuli Insurance has a total shareholder equity of BDT949.0M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT1.8B and BDT807.5M respectively. Karnaphuli Insurance's EBIT is BDT96.9M making its interest coverage ratio 570.8. It has cash and short-term investments of BDT1.1B.
Key information
0%
Debt to equity ratio
৳0
Debt
Interest coverage ratio | 570.8x |
Cash | ৳1.10b |
Equity | ৳949.02m |
Total liabilities | ৳807.46m |
Total assets | ৳1.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KARNAPHULI's short term assets (BDT1.5B) exceed its short term liabilities (BDT559.0M).
Long Term Liabilities: KARNAPHULI's short term assets (BDT1.5B) exceed its long term liabilities (BDT248.5M).
Debt to Equity History and Analysis
Debt Level: KARNAPHULI is debt free.
Reducing Debt: KARNAPHULI had no debt 5 years ago.
Debt Coverage: KARNAPHULI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KARNAPHULI has no debt, therefore coverage of interest payments is not a concern.