Northern Islami Insurance Limited

DSE:NORTHRNINS Stock Report

Market Cap: ৳1.9b

Northern Islami Insurance Balance Sheet Health

Financial Health criteria checks 6/6

Northern Islami Insurance has a total shareholder equity of BDT1.0B 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 BDT1.5B respectively.

Key information

0%

Debt to equity ratio

৳0

Debt

Interest coverage ration/a
Cash৳886.44m
Equity৳1.01b
Total liabilities৳1.46b
Total assets৳2.47b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NORTHRNINS's short term assets (BDT1.8B) exceed its short term liabilities (BDT725.1M).

Long Term Liabilities: NORTHRNINS's short term assets (BDT1.8B) exceed its long term liabilities (BDT730.5M).


Debt to Equity History and Analysis

Debt Level: NORTHRNINS is debt free.

Reducing Debt: NORTHRNINS had no debt 5 years ago.

Debt Coverage: NORTHRNINS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NORTHRNINS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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