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 BDT56.4B and BDT54.9B respectively. National Life Insurance's EBIT is BDT5.0B making its interest coverage ratio 591.8. It has cash and short-term investments of BDT20.6B.
Key information
0%
Debt to equity ratio
৳0
Debt
Interest coverage ratio | 591.8x |
Cash | ৳20.64b |
Equity | ৳1.56b |
Total liabilities | ৳54.86b |
Total assets | ৳56.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NATLIFEINS's short term assets (BDT27.2B) exceed its short term liabilities (BDT1.0B).
Long Term Liabilities: NATLIFEINS's short term assets (BDT27.2B) do not cover its long term liabilities (BDT53.9B).
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.