Western Marine Shipyard Balance Sheet Health
Financial Health criteria checks 1/6
Western Marine Shipyard has a total shareholder equity of BDT4.4B and total debt of BDT20.9B, which brings its debt-to-equity ratio to 470%. Its total assets and total liabilities are BDT25.7B and BDT21.2B respectively. Western Marine Shipyard's EBIT is BDT275.8M making its interest coverage ratio 0.9. It has cash and short-term investments of BDT100.1M.
Key information
470.0%
Debt to equity ratio
৳20.87b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ৳100.08m |
| Equity | ৳4.44b |
| Total liabilities | ৳21.25b |
| Total assets | ৳25.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WMSHIPYARD's short term assets (BDT11.1B) exceed its short term liabilities (BDT1.1B).
Long Term Liabilities: WMSHIPYARD's short term assets (BDT11.1B) do not cover its long term liabilities (BDT20.2B).
Debt to Equity History and Analysis
Debt Level: WMSHIPYARD's net debt to equity ratio (467.7%) is considered high.
Reducing Debt: WMSHIPYARD's debt to equity ratio has increased from 217.2% to 470% over the past 5 years.
Debt Coverage: WMSHIPYARD's debt is not well covered by operating cash flow (0.9%).
Interest Coverage: WMSHIPYARD's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:01 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2023/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Western Marine Shipyard Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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