Dragon Sweater & Spinning Balance Sheet Health
Financial Health criteria checks 6/6
Dragon Sweater & Spinning has a total shareholder equity of BDT3.8B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT4.2B and BDT379.1M respectively. Dragon Sweater & Spinning's EBIT is BDT91.7M making its interest coverage ratio -287.2. It has cash and short-term investments of BDT43.9M.
Key information
0%
Debt to equity ratio
৳0
Debt
Interest coverage ratio | -287.2x |
Cash | ৳43.93m |
Equity | ৳3.84b |
Total liabilities | ৳379.12m |
Total assets | ৳4.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DSSL's short term assets (BDT3.1B) exceed its short term liabilities (BDT328.9M).
Long Term Liabilities: DSSL's short term assets (BDT3.1B) exceed its long term liabilities (BDT50.2M).
Debt to Equity History and Analysis
Debt Level: DSSL is debt free.
Reducing Debt: DSSL has no debt compared to 5 years ago when its debt to equity ratio was 11.3%.
Debt Coverage: DSSL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DSSL has no debt, therefore coverage of interest payments is not a concern.