Meghna Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Meghna Insurance has a total shareholder equity of BDT591.2M and total debt of BDT39.2K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are BDT1.4B and BDT781.1M respectively.
Key information
0.007%
Debt to equity ratio
৳39.18k
Debt
| Interest coverage ratio | n/a |
| Cash | ৳621.65m |
| Equity | ৳591.20m |
| Total liabilities | ৳781.11m |
| Total assets | ৳1.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEGHNAINS's short term assets (BDT1.0B) exceed its short term liabilities (BDT461.3M).
Long Term Liabilities: MEGHNAINS's short term assets (BDT1.0B) exceed its long term liabilities (BDT319.8M).
Debt to Equity History and Analysis
Debt Level: MEGHNAINS has more cash than its total debt.
Reducing Debt: MEGHNAINS's debt to equity ratio has reduced from 58.3% to 0.01% over the past 5 years.
Debt Coverage: MEGHNAINS's debt is well covered by operating cash flow (35893.3%).
Interest Coverage: Insufficient data to determine if MEGHNAINS's interest payments on its debt are well covered by EBIT.