Standard Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Standard Insurance has a total shareholder equity of BDT930.0M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT1.5B and BDT585.4M respectively. Standard Insurance's EBIT is BDT146.0M making its interest coverage ratio 58.4. It has cash and short-term investments of BDT1.1B.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 58.4x |
| Cash | ৳1.12b |
| Equity | ৳929.96m |
| Total liabilities | ৳585.45m |
| Total assets | ৳1.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STANDARINS's short term assets (BDT1.3B) exceed its short term liabilities (BDT585.4M).
Long Term Liabilities: STANDARINS's short term assets (BDT1.3B) do not cover its long term liabilities (BDT-1.0).
Debt to Equity History and Analysis
Debt Level: STANDARINS is debt free.
Reducing Debt: STANDARINS has not had any debt for past 5 years.
Debt Coverage: STANDARINS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: STANDARINS has no debt, therefore coverage of interest payments is not a concern.