Prime Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Prime Insurance has a total shareholder equity of BDT895.2M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT2.0B and BDT1.1B respectively.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | n/a |
| Cash | ৳629.20m |
| Equity | ৳895.19m |
| Total liabilities | ৳1.15b |
| Total assets | ৳2.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRIMEINSUR's short term assets (BDT1.4B) exceed its short term liabilities (BDT600.3M).
Long Term Liabilities: PRIMEINSUR's short term assets (BDT1.4B) exceed its long term liabilities (BDT545.6M).
Debt to Equity History and Analysis
Debt Level: PRIMEINSUR is debt free.
Reducing Debt: PRIMEINSUR has not had any debt for past 5 years.
Debt Coverage: PRIMEINSUR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PRIMEINSUR has no debt, therefore coverage of interest payments is not a concern.