Monno Ceramic Industries Balance Sheet Health
Financial Health criteria checks 3/6
Monno Ceramic Industries has a total shareholder equity of BDT3.0B and total debt of BDT975.7M, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are BDT4.4B and BDT1.4B respectively. Monno Ceramic Industries's EBIT is BDT15.8M making its interest coverage ratio 0.2. It has cash and short-term investments of BDT74.4M.
Key information
32.1%
Debt to equity ratio
৳975.71m
Debt
| Interest coverage ratio | 0.2x |
| Cash | ৳74.45m |
| Equity | ৳3.04b |
| Total liabilities | ৳1.40b |
| Total assets | ৳4.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MONNOCERA's short term assets (BDT1.0B) exceed its short term liabilities (BDT829.7M).
Long Term Liabilities: MONNOCERA's short term assets (BDT1.0B) exceed its long term liabilities (BDT566.0M).
Debt to Equity History and Analysis
Debt Level: MONNOCERA's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: MONNOCERA's debt to equity ratio has increased from 24.1% to 32.1% over the past 5 years.
Debt Coverage: MONNOCERA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MONNOCERA's interest payments on its debt are not well covered by EBIT (0.2x coverage).