Provati Insurance Balance Sheet Health
Financial Health criteria checks 3/6
Provati Insurance has a total shareholder equity of BDT905.3M and total debt of BDT95.0M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are BDT1.8B and BDT888.4M respectively.
Key information
10.5%
Debt to equity ratio
৳95.01m
Debt
| Interest coverage ratio | n/a |
| Cash | ৳944.02m |
| Equity | ৳905.31m |
| Total liabilities | ৳888.42m |
| Total assets | ৳1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PROVATIINS's short term assets (BDT1.5B) exceed its short term liabilities (BDT888.4M).
Long Term Liabilities: PROVATIINS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PROVATIINS has more cash than its total debt.
Reducing Debt: PROVATIINS's debt to equity ratio has increased from 0% to 10.5% over the past 5 years.
Debt Coverage: PROVATIINS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PROVATIINS's interest payments on its debt are well covered by EBIT.