Metro Spinning Balance Sheet Health
Financial Health criteria checks 3/6
Metro Spinning has a total shareholder equity of BDT967.7M and total debt of BDT639.7M, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are BDT1.7B and BDT747.3M respectively.
Key information
66.1%
Debt to equity ratio
৳639.66m
Debt
| Interest coverage ratio | n/a |
| Cash | ৳45.21m |
| Equity | ৳967.70m |
| Total liabilities | ৳747.26m |
| Total assets | ৳1.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: METROSPIN's short term assets (BDT771.6M) exceed its short term liabilities (BDT351.2M).
Long Term Liabilities: METROSPIN's short term assets (BDT771.6M) exceed its long term liabilities (BDT396.1M).
Debt to Equity History and Analysis
Debt Level: METROSPIN's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: METROSPIN's debt to equity ratio has reduced from 98.6% to 66.1% over the past 5 years.
Debt Coverage: METROSPIN's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: Insufficient data to determine if METROSPIN's interest payments on its debt are well covered by EBIT.