Purabi General Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Purabi General Insurance has a total shareholder equity of BDT832.3M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT1.6B and BDT725.7M respectively. Purabi General Insurance's EBIT is BDT154.8M making its interest coverage ratio 238.9. It has cash and short-term investments of BDT811.9M.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 238.9x |
| Cash | ৳811.94m |
| Equity | ৳832.26m |
| Total liabilities | ৳725.75m |
| Total assets | ৳1.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PURABIGEN's short term assets (BDT1.4B) exceed its short term liabilities (BDT636.3M).
Long Term Liabilities: PURABIGEN's short term assets (BDT1.4B) exceed its long term liabilities (BDT89.5M).
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 4.7%.
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.