Mozaffar Hossain Spinning Mills Balance Sheet Health
Financial Health criteria checks 2/6
Mozaffar Hossain Spinning Mills has a total shareholder equity of BDT2.0B and total debt of BDT4.1B, which brings its debt-to-equity ratio to 201.8%. Its total assets and total liabilities are BDT6.4B and BDT4.4B respectively. Mozaffar Hossain Spinning Mills's EBIT is BDT518.6M making its interest coverage ratio 1.5. It has cash and short-term investments of BDT23.4M.
Key information
201.8%
Debt to equity ratio
৳4.07b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ৳23.38m |
| Equity | ৳2.02b |
| Total liabilities | ৳4.41b |
| Total assets | ৳6.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHSML's short term assets (BDT2.9B) exceed its short term liabilities (BDT2.0B).
Long Term Liabilities: MHSML's short term assets (BDT2.9B) exceed its long term liabilities (BDT2.4B).
Debt to Equity History and Analysis
Debt Level: MHSML's net debt to equity ratio (200.6%) is considered high.
Reducing Debt: MHSML's debt to equity ratio has increased from 72.9% to 201.8% over the past 5 years.
Debt Coverage: MHSML's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: MHSML's interest payments on its debt are not well covered by EBIT (1.5x coverage).