Popular Life Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Popular Life Insurance has a total shareholder equity of BDT3.2B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT21.4B and BDT18.2B respectively. Popular Life Insurance's EBIT is BDT740.7M making its interest coverage ratio 157.7. It has cash and short-term investments of BDT3.7B.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 157.7x |
| Cash | ৳3.68b |
| Equity | ৳3.19b |
| Total liabilities | ৳18.22b |
| Total assets | ৳21.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POPULARLIF's short term assets (BDT5.7B) exceed its short term liabilities (BDT946.1M).
Long Term Liabilities: POPULARLIF's short term assets (BDT5.7B) do not cover its long term liabilities (BDT17.3B).
Debt to Equity History and Analysis
Debt Level: POPULARLIF is debt free.
Reducing Debt: POPULARLIF has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.
Debt Coverage: POPULARLIF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: POPULARLIF has no debt, therefore coverage of interest payments is not a concern.