Advanced Chemical Industries Limited

DSE:ACI Stock Report

Market Cap: ৳12.3b

Advanced Chemical Industries Balance Sheet Health

Financial Health criteria checks 1/6

Advanced Chemical Industries has a total shareholder equity of BDT9.3B and total debt of BDT64.7B, which brings its debt-to-equity ratio to 693.3%. Its total assets and total liabilities are BDT97.1B and BDT87.7B respectively. Advanced Chemical Industries's EBIT is BDT6.4B making its interest coverage ratio 1.1. It has cash and short-term investments of BDT4.0B.

Key information

693.3%

Debt to equity ratio

৳64.66b

Debt

Interest coverage ratio1.1x
Cash৳3.98b
Equity৳9.33b
Total liabilities৳87.73b
Total assets৳97.05b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ACI's short term assets (BDT55.1B) do not cover its short term liabilities (BDT75.5B).

Long Term Liabilities: ACI's short term assets (BDT55.1B) exceed its long term liabilities (BDT12.2B).


Debt to Equity History and Analysis

Debt Level: ACI's net debt to equity ratio (650.7%) is considered high.

Reducing Debt: ACI's debt to equity ratio has increased from 399.5% to 693.3% over the past 5 years.

Debt Coverage: ACI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ACI's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


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