Pragati Life Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Pragati Life Insurance has a total shareholder equity of BDT402.2M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT7.2B and BDT6.8B respectively.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | n/a |
| Cash | ৳1.18b |
| Equity | ৳402.21m |
| Total liabilities | ৳6.76b |
| Total assets | ৳7.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRAGATILIF's short term assets (BDT2.2B) exceed its short term liabilities (BDT646.4M).
Long Term Liabilities: PRAGATILIF's short term assets (BDT2.2B) do not cover its long term liabilities (BDT6.1B).
Debt to Equity History and Analysis
Debt Level: PRAGATILIF is debt free.
Reducing Debt: PRAGATILIF has not had any debt for past 5 years.
Debt Coverage: PRAGATILIF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PRAGATILIF has no debt, therefore coverage of interest payments is not a concern.