Sonali Life Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Sonali Life Insurance has a total shareholder equity of BDT490.0M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT10.5B and BDT10.0B respectively. Sonali Life Insurance's EBIT is BDT4.2B making its interest coverage ratio 566.3. It has cash and short-term investments of BDT2.7B.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 566.3x |
| Cash | ৳2.72b |
| Equity | ৳490.00m |
| Total liabilities | ৳10.00b |
| Total assets | ৳10.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SONALILIFE's short term assets (BDT3.3B) exceed its short term liabilities (BDT9.0M).
Long Term Liabilities: SONALILIFE's short term assets (BDT3.3B) do not cover its long term liabilities (BDT10.0B).
Debt to Equity History and Analysis
Debt Level: SONALILIFE is debt free.
Reducing Debt: SONALILIFE has not had any debt for past 5 years.
Debt Coverage: SONALILIFE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SONALILIFE has no debt, therefore coverage of interest payments is not a concern.