Nitol Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Nitol Insurance has a total shareholder equity of BDT1.2B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT1.8B and BDT635.8M respectively.
Key information
0%
Debt to equity ratio
৳0
Debt
Interest coverage ratio | n/a |
Cash | ৳457.33m |
Equity | ৳1.21b |
Total liabilities | ৳635.78m |
Total assets | ৳1.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NITOLINS's short term assets (BDT1.2B) exceed its short term liabilities (BDT446.2M).
Long Term Liabilities: NITOLINS's short term assets (BDT1.2B) exceed its long term liabilities (BDT189.6M).
Debt to Equity History and Analysis
Debt Level: NITOLINS is debt free.
Reducing Debt: NITOLINS had no debt 5 years ago.
Debt Coverage: NITOLINS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NITOLINS has no debt, therefore coverage of interest payments is not a concern.