Dacca Dyeing & Manufacturing Balance Sheet Health
Financial Health criteria checks 3/6
Dacca Dyeing & Manufacturing has a total shareholder equity of BDT2.9B and total debt of BDT1.3B, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are BDT6.2B and BDT3.3B respectively.
Key information
44.0%
Debt to equity ratio
৳1.27b
Debt
Interest coverage ratio | n/a |
Cash | ৳1.08m |
Equity | ৳2.89b |
Total liabilities | ৳3.29b |
Total assets | ৳6.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DACCADYE's short term assets (BDT825.9M) do not cover its short term liabilities (BDT3.1B).
Long Term Liabilities: DACCADYE's short term assets (BDT825.9M) exceed its long term liabilities (BDT206.8M).
Debt to Equity History and Analysis
Debt Level: DACCADYE's net debt to equity ratio (43.9%) is considered high.
Reducing Debt: DACCADYE's debt to equity ratio has reduced from 157.2% to 44% 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: DACCADYE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if DACCADYE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.