Paramount Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Paramount Insurance has a total shareholder equity of BDT1.1B 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 BDT725.0M respectively.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | n/a |
| Cash | ৳701.45m |
| Equity | ৳1.10b |
| Total liabilities | ৳724.95m |
| Total assets | ৳1.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PARAMOUNT's short term assets (BDT1.1B) exceed its short term liabilities (BDT515.9M).
Long Term Liabilities: PARAMOUNT's short term assets (BDT1.1B) exceed its long term liabilities (BDT209.0M).
Debt to Equity History and Analysis
Debt Level: PARAMOUNT is debt free.
Reducing Debt: PARAMOUNT has not had any debt for past 5 years.
Debt Coverage: PARAMOUNT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PARAMOUNT has no debt, therefore coverage of interest payments is not a concern.