Desh Garments Balance Sheet Health
Financial Health criteria checks 3/6
Desh Garments has a total shareholder equity of BDT152.2M and total debt of BDT208.1M, which brings its debt-to-equity ratio to 136.8%. Its total assets and total liabilities are BDT447.1M and BDT294.9M respectively. Desh Garments's EBIT is BDT25.7M making its interest coverage ratio 1.7. It has cash and short-term investments of BDT75.1M.
Key information
136.8%
Debt to equity ratio
৳208.11m
Debt
| Interest coverage ratio | 1.7x |
| Cash | ৳75.15m |
| Equity | ৳152.16m |
| Total liabilities | ৳294.93m |
| Total assets | ৳447.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DSHGARME's short term assets (BDT319.7M) exceed its short term liabilities (BDT158.6M).
Long Term Liabilities: DSHGARME's short term assets (BDT319.7M) exceed its long term liabilities (BDT136.4M).
Debt to Equity History and Analysis
Debt Level: DSHGARME's net debt to equity ratio (87.4%) is considered high.
Reducing Debt: DSHGARME's debt to equity ratio has increased from 60% to 136.8% over the past 5 years.
Debt Coverage: DSHGARME's debt is well covered by operating cash flow (42%).
Interest Coverage: DSHGARME's interest payments on its debt are not well covered by EBIT (1.7x coverage).