Bata Shoe Company (Bangladesh) Balance Sheet Health
Financial Health criteria checks 6/6
Bata Shoe Company (Bangladesh) has a total shareholder equity of BDT3.4B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT8.9B and BDT5.4B respectively. Bata Shoe Company (Bangladesh)'s EBIT is BDT919.1M making its interest coverage ratio 9.2. It has cash and short-term investments of BDT976.9M.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 9.2x |
| Cash | ৳976.89m |
| Equity | ৳3.44b |
| Total liabilities | ৳5.44b |
| Total assets | ৳8.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BATASHOE's short term assets (BDT5.2B) exceed its short term liabilities (BDT3.4B).
Long Term Liabilities: BATASHOE's short term assets (BDT5.2B) exceed its long term liabilities (BDT2.1B).
Debt to Equity History and Analysis
Debt Level: BATASHOE is debt free.
Reducing Debt: BATASHOE has not had any debt for past 5 years.
Debt Coverage: BATASHOE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BATASHOE has no debt, therefore coverage of interest payments is not a concern.