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 BDT5.3B, which brings its debt-to-equity ratio to 246.3%. Its total assets and total liabilities are BDT8.0B and BDT5.8B respectively. National Polymer Industries's EBIT is BDT767.6M making its interest coverage ratio 1.9. It has cash and short-term investments of BDT238.2M.
Key information
246.3%
Debt to equity ratio
৳5.33b
Debt
Interest coverage ratio | 1.9x |
Cash | ৳238.24m |
Equity | ৳2.17b |
Total liabilities | ৳5.83b |
Total assets | ৳7.99b |
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 (BDT1.8B).
Debt to Equity History and Analysis
Debt Level: NPOLYMER's net debt to equity ratio (235.3%) is considered high.
Reducing Debt: NPOLYMER's debt to equity ratio has increased from 226.3% to 246.3% over the past 5 years.
Debt Coverage: NPOLYMER's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: NPOLYMER's interest payments on its debt are not well covered by EBIT (1.9x coverage).