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 BDT4.2B, which brings its debt-to-equity ratio to 210.8%. Its total assets and total liabilities are BDT6.5B and BDT4.5B respectively. Mozaffar Hossain Spinning Mills's EBIT is BDT376.8M making its interest coverage ratio 1.1. It has cash and short-term investments of BDT34.6M.
Key information
210.8%
Debt to equity ratio
৳4.18b
Debt
Interest coverage ratio | 1.1x |
Cash | ৳34.62m |
Equity | ৳1.98b |
Total liabilities | ৳4.51b |
Total assets | ৳6.49b |
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 (BDT2.7B).
Long Term Liabilities: MHSML's short term assets (BDT2.9B) exceed its long term liabilities (BDT1.9B).
Debt to Equity History and Analysis
Debt Level: MHSML's net debt to equity ratio (209.1%) is considered high.
Reducing Debt: MHSML's debt to equity ratio has increased from 24% to 210.8% over the past 5 years.
Debt Coverage: MHSML's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: MHSML's interest payments on its debt are not well covered by EBIT (1.1x coverage).