Far East Knitting & Dyeing Industries Balance Sheet Health
Financial Health criteria checks 6/6
Far East Knitting & Dyeing Industries has a total shareholder equity of BDT4.6B and total debt of BDT590.6M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are BDT6.3B and BDT1.6B respectively. Far East Knitting & Dyeing Industries's EBIT is BDT320.1M making its interest coverage ratio 5. It has cash and short-term investments of BDT809.9M.
Key information
12.8%
Debt to equity ratio
৳590.64m
Debt
| Interest coverage ratio | 5x |
| Cash | ৳809.90m |
| Equity | ৳4.61b |
| Total liabilities | ৳1.65b |
| Total assets | ৳6.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FEKDIL's short term assets (BDT3.4B) exceed its short term liabilities (BDT1.4B).
Long Term Liabilities: FEKDIL's short term assets (BDT3.4B) exceed its long term liabilities (BDT285.8M).
Debt to Equity History and Analysis
Debt Level: FEKDIL has more cash than its total debt.
Reducing Debt: FEKDIL's debt to equity ratio has reduced from 15% to 12.8% over the past 5 years.
Debt Coverage: FEKDIL's debt is well covered by operating cash flow (235.5%).
Interest Coverage: FEKDIL's interest payments on its debt are well covered by EBIT (5x coverage).