Saif Powertec Balance Sheet Health
Financial Health criteria checks 1/6
Saif Powertec has a total shareholder equity of BDT6.6B and total debt of BDT16.6B, which brings its debt-to-equity ratio to 250.7%. Its total assets and total liabilities are BDT25.8B and BDT19.2B respectively. Saif Powertec's EBIT is BDT999.4M making its interest coverage ratio 1.4. It has cash and short-term investments of BDT688.0M.
Key information
250.7%
Debt to equity ratio
৳16.59b
Debt
Interest coverage ratio | 1.4x |
Cash | ৳687.99m |
Equity | ৳6.62b |
Total liabilities | ৳19.19b |
Total assets | ৳25.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAIFPOWER's short term assets (BDT10.6B) exceed its short term liabilities (BDT7.8B).
Long Term Liabilities: SAIFPOWER's short term assets (BDT10.6B) do not cover its long term liabilities (BDT11.4B).
Debt to Equity History and Analysis
Debt Level: SAIFPOWER's net debt to equity ratio (240.3%) is considered high.
Reducing Debt: SAIFPOWER's debt to equity ratio has increased from 97.4% to 250.7% over the past 5 years.
Debt Coverage: SAIFPOWER's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: SAIFPOWER's interest payments on its debt are not well covered by EBIT (1.4x coverage).