Mercantile Islami Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Mercantile Islami Insurance has a total shareholder equity of BDT901.2M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT2.5B and BDT1.6B respectively.
Key information
0%
Debt to equity ratio
৳0
Debt
Interest coverage ratio | n/a |
Cash | ৳1.56b |
Equity | ৳901.16m |
Total liabilities | ৳1.60b |
Total assets | ৳2.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MERCINS's short term assets (BDT2.4B) exceed its short term liabilities (BDT1.3B).
Long Term Liabilities: MERCINS's short term assets (BDT2.4B) exceed its long term liabilities (BDT309.7M).
Debt to Equity History and Analysis
Debt Level: MERCINS is debt free.
Reducing Debt: MERCINS has not had any debt for past 5 years.
Debt Coverage: MERCINS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MERCINS has no debt, therefore coverage of interest payments is not a concern.