National Polymer Industries Balance Sheet Health
Financial Health criteria checks 1/6
National Polymer Industries has a total shareholder equity of BDT2.2B and total debt of BDT5.5B, which brings its debt-to-equity ratio to 250.8%. Its total assets and total liabilities are BDT8.2B and BDT6.0B respectively. National Polymer Industries's EBIT is BDT737.3M making its interest coverage ratio 1.9. It has cash and short-term investments of BDT144.6M.
Key information
250.8%
Debt to equity ratio
৳5.55b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ৳144.62m |
| Equity | ৳2.21b |
| Total liabilities | ৳5.98b |
| Total assets | ৳8.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPOLYMER's short term assets (BDT4.0B) do not cover its short term liabilities (BDT4.1B).
Long Term Liabilities: NPOLYMER's short term assets (BDT4.0B) exceed its long term liabilities (BDT1.9B).
Debt to Equity History and Analysis
Debt Level: NPOLYMER's net debt to equity ratio (244.3%) is considered high.
Reducing Debt: NPOLYMER's debt to equity ratio has increased from 233.9% to 250.8% over the past 5 years.
Debt Coverage: NPOLYMER's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: NPOLYMER's interest payments on its debt are not well covered by EBIT (1.9x coverage).