BBS Cables Balance Sheet Health
Financial Health criteria checks 4/6
BBS Cables has a total shareholder equity of BDT6.8B and total debt of BDT3.1B, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are BDT10.6B and BDT3.7B respectively. BBS Cables's EBIT is BDT323.3M making its interest coverage ratio 1.4. It has cash and short-term investments of BDT826.7M.
Key information
45.0%
Debt to equity ratio
৳3.08b
Debt
Interest coverage ratio | 1.4x |
Cash | ৳826.71m |
Equity | ৳6.84b |
Total liabilities | ৳3.74b |
Total assets | ৳10.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BBSCABLES's short term assets (BDT8.6B) exceed its short term liabilities (BDT3.0B).
Long Term Liabilities: BBSCABLES's short term assets (BDT8.6B) exceed its long term liabilities (BDT741.2M).
Debt to Equity History and Analysis
Debt Level: BBSCABLES's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: BBSCABLES's debt to equity ratio has reduced from 50.1% to 45% over the past 5 years.
Debt Coverage: BBSCABLES's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: BBSCABLES's interest payments on its debt are not well covered by EBIT (1.4x coverage).