Purabi General Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Purabi General Insurance has a total shareholder equity of BDT798.4M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT1.4B and BDT626.0M respectively. Purabi General Insurance's EBIT is BDT99.9M making its interest coverage ratio 20.1. It has cash and short-term investments of BDT848.3M.
Key information
0%
Debt to equity ratio
৳0
Debt
Interest coverage ratio | 20.1x |
Cash | ৳848.28m |
Equity | ৳798.40m |
Total liabilities | ৳625.97m |
Total assets | ৳1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PURABIGEN's short term assets (BDT1.3B) exceed its short term liabilities (BDT562.4M).
Long Term Liabilities: PURABIGEN's short term assets (BDT1.3B) exceed its long term liabilities (BDT63.6M).
Debt to Equity History and Analysis
Debt Level: PURABIGEN is debt free.
Reducing Debt: PURABIGEN has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
Debt Coverage: PURABIGEN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PURABIGEN has no debt, therefore coverage of interest payments is not a concern.