Maksons Spinning Mills Balance Sheet Health
Financial Health criteria checks 1/6
Maksons Spinning Mills has a total shareholder equity of BDT3.4B and total debt of BDT6.1B, which brings its debt-to-equity ratio to 180.5%. Its total assets and total liabilities are BDT11.1B and BDT7.7B respectively.
Key information
180.5%
Debt to equity ratio
৳6.07b
Debt
| Interest coverage ratio | n/a |
| Cash | ৳119.83m |
| Equity | ৳3.36b |
| Total liabilities | ৳7.74b |
| Total assets | ৳11.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAKSONSPIN's short term assets (BDT6.5B) do not cover its short term liabilities (BDT6.6B).
Long Term Liabilities: MAKSONSPIN's short term assets (BDT6.5B) exceed its long term liabilities (BDT1.1B).
Debt to Equity History and Analysis
Debt Level: MAKSONSPIN's net debt to equity ratio (176.9%) is considered high.
Reducing Debt: MAKSONSPIN's debt to equity ratio has increased from 111.2% to 180.5% over the past 5 years.
Debt Coverage: MAKSONSPIN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MAKSONSPIN's interest payments on its debt are well covered by EBIT.