Metro Spinning Balance Sheet Health
Financial Health criteria checks 5/6
Metro Spinning has a total shareholder equity of BDT771.6M and total debt of BDT556.6M, which brings its debt-to-equity ratio to 72.1%. Its total assets and total liabilities are BDT1.4B and BDT661.0M respectively.
Key information
72.1%
Debt to equity ratio
৳556.63m
Debt
| Interest coverage ratio | n/a |
| Cash | ৳15.11m |
| Equity | ৳771.64m |
| Total liabilities | ৳660.96m |
| Total assets | ৳1.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: METROSPIN's short term assets (BDT687.4M) exceed its short term liabilities (BDT259.1M).
Long Term Liabilities: METROSPIN's short term assets (BDT687.4M) exceed its long term liabilities (BDT401.9M).
Debt to Equity History and Analysis
Debt Level: METROSPIN's net debt to equity ratio (70.2%) is considered high.
Reducing Debt: METROSPIN's debt to equity ratio has reduced from 98.6% to 72.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable METROSPIN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: METROSPIN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.3% per year.