Hamid Fabrics Balance Sheet Health
Financial Health criteria checks 3/6
Hamid Fabrics has a total shareholder equity of BDT3.4B and total debt of BDT857.4M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are BDT4.7B and BDT1.3B respectively. Hamid Fabrics's EBIT is BDT148.3M making its interest coverage ratio 1.3. It has cash and short-term investments of BDT9.1M.
Key information
25.1%
Debt to equity ratio
৳857.43m
Debt
Interest coverage ratio | 1.3x |
Cash | ৳9.07m |
Equity | ৳3.41b |
Total liabilities | ৳1.31b |
Total assets | ৳4.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HFL's short term assets (BDT1.8B) exceed its short term liabilities (BDT915.7M).
Long Term Liabilities: HFL's short term assets (BDT1.8B) exceed its long term liabilities (BDT390.1M).
Debt to Equity History and Analysis
Debt Level: HFL's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: HFL's debt to equity ratio has increased from 21.5% to 25.1% 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 (1.3x coverage).