Generation Next Fashions Balance Sheet Health
Financial Health criteria checks 2/6
Generation Next Fashions has a total shareholder equity of BDT5.8B and total debt of BDT3.2B, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are BDT9.8B and BDT4.0B respectively. Generation Next Fashions's EBIT is BDT190.6M making its interest coverage ratio 0.6. It has cash and short-term investments of BDT233.8M.
Key information
55.3%
Debt to equity ratio
৳3.21b
Debt
Interest coverage ratio | 0.6x |
Cash | ৳233.83m |
Equity | ৳5.81b |
Total liabilities | ৳3.98b |
Total assets | ৳9.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GENNEXT's short term assets (BDT5.4B) exceed its short term liabilities (BDT1.8B).
Long Term Liabilities: GENNEXT's short term assets (BDT5.4B) exceed its long term liabilities (BDT2.2B).
Debt to Equity History and Analysis
Debt Level: GENNEXT's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: GENNEXT's debt to equity ratio has increased from 16.3% to 55.3% over the past 5 years.
Debt Coverage: GENNEXT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GENNEXT's interest payments on its debt are not well covered by EBIT (0.6x coverage).