Hwa Well Textiles (BD) Balance Sheet Health
Financial Health criteria checks 6/6
Hwa Well Textiles (BD) has a total shareholder equity of BDT2.1B and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT2.7B and BDT568.1M respectively. Hwa Well Textiles (BD)'s EBIT is BDT172.3M making its interest coverage ratio -4.2. It has cash and short-term investments of BDT1.7B.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | -4.2x |
| Cash | ৳1.66b |
| Equity | ৳2.12b |
| Total liabilities | ৳568.07m |
| Total assets | ৳2.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HWAWELLTEX's short term assets (BDT2.0B) exceed its short term liabilities (BDT507.5M).
Long Term Liabilities: HWAWELLTEX's short term assets (BDT2.0B) exceed its long term liabilities (BDT60.6M).
Debt to Equity History and Analysis
Debt Level: HWAWELLTEX is debt free.
Reducing Debt: HWAWELLTEX had no debt 5 years ago.
Debt Coverage: HWAWELLTEX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HWAWELLTEX has no debt, therefore coverage of interest payments is not a concern.