National Life Insurance Balance Sheet Health
Financial Health criteria checks 5/6
National Life Insurance has a total shareholder equity of BDT1.6B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT63.4B and BDT61.8B respectively. National Life Insurance's EBIT is BDT7.0B making its interest coverage ratio 1582.4. It has cash and short-term investments of BDT23.1B.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 1582.4x |
| Cash | ৳23.14b |
| Equity | ৳1.59b |
| Total liabilities | ৳61.84b |
| Total assets | ৳63.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NATLIFEINS's short term assets (BDT31.3B) exceed its short term liabilities (BDT1.7B).
Long Term Liabilities: NATLIFEINS's short term assets (BDT31.3B) do not cover its long term liabilities (BDT60.1B).
Debt to Equity History and Analysis
Debt Level: NATLIFEINS is debt free.
Reducing Debt: NATLIFEINS has not had any debt for past 5 years.
Debt Coverage: NATLIFEINS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NATLIFEINS has no debt, therefore coverage of interest payments is not a concern.