Phoenix Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Phoenix Insurance has a total shareholder equity of BDT1.4B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT2.1B and BDT711.6M respectively.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | n/a |
| Cash | ৳454.91m |
| Equity | ৳1.37b |
| Total liabilities | ৳711.63m |
| Total assets | ৳2.08b |
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 (BDT711.6M).
Long Term Liabilities: PHENIXINS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PHENIXINS is debt free.
Reducing Debt: PHENIXINS has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
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.