Safko Spinning Mills Balance Sheet Health
Financial Health criteria checks 0/6
Safko Spinning Mills has a total shareholder equity of BDT254.8M and total debt of BDT1.4B, which brings its debt-to-equity ratio to 545.6%. Its total assets and total liabilities are BDT1.8B and BDT1.5B respectively.
Key information
545.6%
Debt to equity ratio
৳1.39b
Debt
Interest coverage ratio | n/a |
Cash | ৳14.86m |
Equity | ৳254.75m |
Total liabilities | ৳1.54b |
Total assets | ৳1.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAFKOSPINN's short term assets (BDT352.6M) do not cover its short term liabilities (BDT403.5M).
Long Term Liabilities: SAFKOSPINN's short term assets (BDT352.6M) do not cover its long term liabilities (BDT1.1B).
Debt to Equity History and Analysis
Debt Level: SAFKOSPINN's net debt to equity ratio (539.7%) is considered high.
Reducing Debt: SAFKOSPINN's debt to equity ratio has increased from 163.7% to 545.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SAFKOSPINN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SAFKOSPINN has less than a year of cash runway if free cash flow continues to grow at historical rates of 30.2% each year.