H.R. Textile Mills Balance Sheet Health
Financial Health criteria checks 1/6
H.R. Textile Mills has a total shareholder equity of BDT1.0B and total debt of BDT2.9B, which brings its debt-to-equity ratio to 285%. Its total assets and total liabilities are BDT4.4B and BDT3.4B respectively. H.R. Textile Mills's EBIT is BDT37.3M making its interest coverage ratio 0.2. It has cash and short-term investments of BDT83.2M.
Key information
285.0%
Debt to equity ratio
৳2.93b
Debt
| Interest coverage ratio | 0.2x |
| Cash | ৳83.17m |
| Equity | ৳1.03b |
| Total liabilities | ৳3.40b |
| Total assets | ৳4.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRTEX's short term assets (BDT1.7B) exceed its short term liabilities (BDT821.6M).
Long Term Liabilities: HRTEX's short term assets (BDT1.7B) do not cover its long term liabilities (BDT2.6B).
Debt to Equity History and Analysis
Debt Level: HRTEX's net debt to equity ratio (276.9%) is considered high.
Reducing Debt: HRTEX's debt to equity ratio has increased from 65.3% to 285% over the past 5 years.
Debt Coverage: HRTEX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HRTEX's interest payments on its debt are not well covered by EBIT (0.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 00:55 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
H.R. Textile Mills Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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