Phoenix Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Phoenix Insurance has a total shareholder equity of BDT1.5B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT2.2B and BDT724.7M respectively.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | n/a |
| Cash | ৳476.84m |
| Equity | ৳1.48b |
| Total liabilities | ৳724.72m |
| Total assets | ৳2.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHENIXINS's short term assets (BDT1.3B) exceed its short term liabilities (BDT724.7M).
Long Term Liabilities: PHENIXINS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PHENIXINS is debt free.
Reducing Debt: PHENIXINS had no debt 5 years ago.
Debt Coverage: PHENIXINS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PHENIXINS has no debt, therefore coverage of interest payments is not a concern.