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 BDT984.2M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are BDT4.5B and BDT1.4B respectively. Monno Ceramic Industries's EBIT is BDT34.4M making its interest coverage ratio 0.4. It has cash and short-term investments of BDT17.4M.
Key information
32.4%
Debt to equity ratio
৳984.19m
Debt
Interest coverage ratio | 0.4x |
Cash | ৳17.41m |
Equity | ৳3.04b |
Total liabilities | ৳1.42b |
Total assets | ৳4.46b |
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 (BDT846.9M).
Long Term Liabilities: MONNOCERA's short term assets (BDT1.0B) exceed its long term liabilities (BDT572.7M).
Debt to Equity History and Analysis
Debt Level: MONNOCERA's net debt to equity ratio (31.8%) is considered satisfactory.
Reducing Debt: MONNOCERA's debt to equity ratio has increased from 25.8% to 32.4% 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 (0.4x coverage).