Meghna Life Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Meghna Life Insurance has a total shareholder equity of BDT428.8M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT16.6B and BDT16.2B respectively.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | n/a |
| Cash | ৳5.08b |
| Equity | ৳428.82m |
| Total liabilities | ৳16.21b |
| Total assets | ৳16.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEGHNALIFE's short term assets (BDT9.9B) exceed its short term liabilities (BDT843.7M).
Long Term Liabilities: MEGHNALIFE's short term assets (BDT9.9B) do not cover its long term liabilities (BDT15.4B).
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.