Alltex Industries Balance Sheet Health
Financial Health criteria checks 1/6
Alltex Industries has a total shareholder equity of BDT382.7M and total debt of BDT3.3B, which brings its debt-to-equity ratio to 873.6%. Its total assets and total liabilities are BDT3.8B and BDT3.5B respectively. Alltex Industries's EBIT is BDT172.9M making its interest coverage ratio 0.7. It has cash and short-term investments of BDT8.5M.
Key information
873.6%
Debt to equity ratio
৳3.34b
Debt
Interest coverage ratio | 0.7x |
Cash | ৳8.46m |
Equity | ৳382.72m |
Total liabilities | ৳3.46b |
Total assets | ৳3.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALLTEX's short term assets (BDT682.1M) do not cover its short term liabilities (BDT3.0B).
Long Term Liabilities: ALLTEX's short term assets (BDT682.1M) exceed its long term liabilities (BDT493.2M).
Debt to Equity History and Analysis
Debt Level: ALLTEX's net debt to equity ratio (871.4%) is considered high.
Reducing Debt: ALLTEX's debt to equity ratio has increased from 215.8% to 873.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if ALLTEX has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALLTEX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.