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 BDT6.0B, which brings its debt-to-equity ratio to 176.5%. Its total assets and total liabilities are BDT10.9B and BDT7.5B respectively.
Key information
176.5%
Debt to equity ratio
৳5.97b
Debt
Interest coverage ratio | n/a |
Cash | ৳170.14m |
Equity | ৳3.38b |
Total liabilities | ৳7.47b |
Total assets | ৳10.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAKSONSPIN's short term assets (BDT6.3B) do not cover its short term liabilities (BDT6.3B).
Long Term Liabilities: MAKSONSPIN's short term assets (BDT6.3B) exceed its long term liabilities (BDT1.2B).
Debt to Equity History and Analysis
Debt Level: MAKSONSPIN's net debt to equity ratio (171.5%) is considered high.
Reducing Debt: MAKSONSPIN's debt to equity ratio has increased from 103.5% to 176.5% 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.