Reliance Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Reliance Insurance has a total shareholder equity of BDT7.2B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT13.4B and BDT6.1B respectively.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | n/a |
| Cash | ৳3.79b |
| Equity | ৳7.23b |
| Total liabilities | ৳6.13b |
| Total assets | ৳13.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RELIANCINS's short term assets (BDT6.6B) exceed its short term liabilities (BDT6.1B).
Long Term Liabilities: RELIANCINS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RELIANCINS is debt free.
Reducing Debt: RELIANCINS had no debt 5 years ago.
Debt Coverage: RELIANCINS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RELIANCINS has no debt, therefore coverage of interest payments is not a concern.