Pacific Denims Balance Sheet Health
Financial Health criteria checks 4/6
Pacific Denims has a total shareholder equity of BDT2.5B and total debt of BDT552.8M, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are BDT3.7B and BDT1.2B respectively. Pacific Denims's EBIT is BDT66.5M making its interest coverage ratio 1.5. It has cash and short-term investments of BDT124.0M.
Key information
22.1%
Debt to equity ratio
৳552.79m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ৳123.96m |
| Equity | ৳2.50b |
| Total liabilities | ৳1.16b |
| Total assets | ৳3.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PDL's short term assets (BDT2.3B) exceed its short term liabilities (BDT650.6M).
Long Term Liabilities: PDL's short term assets (BDT2.3B) exceed its long term liabilities (BDT506.0M).
Debt to Equity History and Analysis
Debt Level: PDL's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: PDL's debt to equity ratio has reduced from 29.4% to 22.1% over the past 5 years.
Debt Coverage: PDL's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: PDL's interest payments on its debt are not well covered by EBIT (1.5x coverage).