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 ratio | 1.1x |
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).