Desh Garments Balance Sheet Health
Financial Health criteria checks 2/6
Desh Garments has a total shareholder equity of BDT153.6M and total debt of BDT217.4M, which brings its debt-to-equity ratio to 141.6%. Its total assets and total liabilities are BDT416.9M and BDT263.4M respectively. Desh Garments's EBIT is BDT37.4M making its interest coverage ratio 1.6. It has cash and short-term investments of BDT53.3M.
Key information
141.6%
Debt to equity ratio
৳217.41m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ৳53.32m |
| Equity | ৳153.56m |
| Total liabilities | ৳263.38m |
| Total assets | ৳416.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DSHGARME's short term assets (BDT293.3M) exceed its short term liabilities (BDT128.8M).
Long Term Liabilities: DSHGARME's short term assets (BDT293.3M) exceed its long term liabilities (BDT134.5M).
Debt to Equity History and Analysis
Debt Level: DSHGARME's net debt to equity ratio (106.9%) is considered high.
Reducing Debt: DSHGARME's debt to equity ratio has increased from 141.4% to 141.6% over the past 5 years.
Debt Coverage: DSHGARME's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DSHGARME's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 05:47 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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
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Analyst Sources
Desh Garments 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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