Nahee Aluminum Composite Panel Balance Sheet Health
Financial Health criteria checks 6/6
Nahee Aluminum Composite Panel has a total shareholder equity of BDT1.3B and total debt of BDT97.6M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are BDT1.7B and BDT389.5M respectively. Nahee Aluminum Composite Panel's EBIT is BDT103.2M making its interest coverage ratio 19.3. It has cash and short-term investments of BDT27.6M.
Key information
7.3%
Debt to equity ratio
৳97.55m
Debt
Interest coverage ratio | 19.3x |
Cash | ৳27.56m |
Equity | ৳1.34b |
Total liabilities | ৳389.52m |
Total assets | ৳1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAHEEACP's short term assets (BDT1.3B) exceed its short term liabilities (BDT374.2M).
Long Term Liabilities: NAHEEACP's short term assets (BDT1.3B) exceed its long term liabilities (BDT15.3M).
Debt to Equity History and Analysis
Debt Level: NAHEEACP's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: NAHEEACP's debt to equity ratio has reduced from 12.7% to 7.3% over the past 5 years.
Debt Coverage: NAHEEACP's debt is well covered by operating cash flow (46.9%).
Interest Coverage: NAHEEACP's interest payments on its debt are well covered by EBIT (19.3x coverage).