Saiham Cotton Mills Balance Sheet Health
Financial Health criteria checks 4/6
Saiham Cotton Mills has a total shareholder equity of BDT5.5B and total debt of BDT2.9B, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are BDT10.0B and BDT4.5B respectively. Saiham Cotton Mills's EBIT is BDT442.6M making its interest coverage ratio 1.7. It has cash and short-term investments of BDT128.3M.
Key information
53.2%
Debt to equity ratio
৳2.91b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ৳128.33m |
| Equity | ৳5.47b |
| Total liabilities | ৳4.50b |
| Total assets | ৳9.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAIHAMCOT's short term assets (BDT4.4B) exceed its short term liabilities (BDT3.7B).
Long Term Liabilities: SAIHAMCOT's short term assets (BDT4.4B) exceed its long term liabilities (BDT812.2M).
Debt to Equity History and Analysis
Debt Level: SAIHAMCOT's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: SAIHAMCOT's debt to equity ratio has reduced from 73.2% to 53.2% over the past 5 years.
Debt Coverage: SAIHAMCOT's debt is well covered by operating cash flow (55.4%).
Interest Coverage: SAIHAMCOT's interest payments on its debt are not well covered by EBIT (1.7x coverage).