Hamid Fabrics Balance Sheet Health
Financial Health criteria checks 3/6
Hamid Fabrics has a total shareholder equity of BDT3.3B and total debt of BDT926.3M, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are BDT4.7B and BDT1.4B respectively. Hamid Fabrics's EBIT is BDT80.4M making its interest coverage ratio 0.6. It has cash and short-term investments of BDT8.2M.
Key information
27.8%
Debt to equity ratio
৳926.33m
Debt
| Interest coverage ratio | 0.6x |
| Cash | ৳8.18m |
| Equity | ৳3.33b |
| Total liabilities | ৳1.41b |
| Total assets | ৳4.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HFL's short term assets (BDT1.9B) exceed its short term liabilities (BDT903.0M).
Long Term Liabilities: HFL's short term assets (BDT1.9B) exceed its long term liabilities (BDT506.5M).
Debt to Equity History and Analysis
Debt Level: HFL's net debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: HFL's debt to equity ratio has increased from 20.9% to 27.8% over the past 5 years.
Debt Coverage: HFL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HFL's interest payments on its debt are not well covered by EBIT (0.6x coverage).