Saiham Cotton Mills Balance Sheet Health
Financial Health criteria checks 2/6
Saiham Cotton Mills has a total shareholder equity of BDT5.4B and total debt of BDT4.0B, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are BDT10.9B and BDT5.5B respectively. Saiham Cotton Mills's EBIT is BDT341.5M making its interest coverage ratio 1.4. It has cash and short-term investments of BDT45.2M.
Key information
74.5%
Debt to equity ratio
৳4.04b
Debt
Interest coverage ratio | 1.4x |
Cash | ৳45.19m |
Equity | ৳5.42b |
Total liabilities | ৳5.51b |
Total assets | ৳10.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAIHAMCOT's short term assets (BDT5.4B) exceed its short term liabilities (BDT4.6B).
Long Term Liabilities: SAIHAMCOT's short term assets (BDT5.4B) exceed its long term liabilities (BDT871.6M).
Debt to Equity History and Analysis
Debt Level: SAIHAMCOT's net debt to equity ratio (73.7%) is considered high.
Reducing Debt: SAIHAMCOT's debt to equity ratio has increased from 68.3% to 74.5% over the past 5 years.
Debt Coverage: SAIHAMCOT's debt is not well covered by operating cash flow (11%).
Interest Coverage: SAIHAMCOT's interest payments on its debt are not well covered by EBIT (1.4x coverage).