Meghna Life Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Meghna Life Insurance has a total shareholder equity of BDT429.0M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT17.8B and BDT17.3B respectively.
Key information
0%
Debt to equity ratio
৳0
Debt
Interest coverage ratio | n/a |
Cash | ৳6.78b |
Equity | ৳428.97m |
Total liabilities | ৳17.32b |
Total assets | ৳17.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEGHNALIFE's short term assets (BDT11.2B) exceed its short term liabilities (BDT761.3M).
Long Term Liabilities: MEGHNALIFE's short term assets (BDT11.2B) do not cover its long term liabilities (BDT16.6B).
Debt to Equity History and Analysis
Debt Level: MEGHNALIFE is debt free.
Reducing Debt: MEGHNALIFE had no debt 5 years ago.
Debt Coverage: MEGHNALIFE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MEGHNALIFE has no debt, therefore coverage of interest payments is not a concern.