Provati Insurance Balance Sheet Health
Financial Health criteria checks 4/6
Provati Insurance has a total shareholder equity of BDT829.3M and total debt of BDT41.1M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are BDT1.7B and BDT846.8M respectively.
Key information
5.0%
Debt to equity ratio
৳41.09m
Debt
| Interest coverage ratio | n/a |
| Cash | ৳936.60m |
| Equity | ৳829.30m |
| Total liabilities | ৳846.81m |
| Total assets | ৳1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PROVATIINS's short term assets (BDT1.3B) exceed its short term liabilities (BDT846.8M).
Long Term Liabilities: PROVATIINS's short term assets (BDT1.3B) exceed its long term liabilities (BDT1.0).
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 5% over the past 5 years.
Debt Coverage: PROVATIINS's debt is well covered by operating cash flow (231.6%).
Interest Coverage: Insufficient data to determine if PROVATIINS's interest payments on its debt are well covered by EBIT.