Shasha Denims Balance Sheet Health
Financial Health criteria checks 3/6
Shasha Denims has a total shareholder equity of BDT5.8B and total debt of BDT4.0B, which brings its debt-to-equity ratio to 70%. Its total assets and total liabilities are BDT13.3B and BDT7.5B respectively. Shasha Denims's EBIT is BDT777.7M making its interest coverage ratio 3.7. It has cash and short-term investments of BDT255.5M.
Key information
70.0%
Debt to equity ratio
৳4.04b
Debt
| Interest coverage ratio | 3.7x |
| Cash | ৳255.48m |
| Equity | ৳5.76b |
| Total liabilities | ৳7.51b |
| Total assets | ৳13.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHASHADNIM's short term assets (BDT7.7B) exceed its short term liabilities (BDT6.6B).
Long Term Liabilities: SHASHADNIM's short term assets (BDT7.7B) exceed its long term liabilities (BDT900.8M).
Debt to Equity History and Analysis
Debt Level: SHASHADNIM's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: SHASHADNIM's debt to equity ratio has increased from 66% to 70% over the past 5 years.
Debt Coverage: SHASHADNIM's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: SHASHADNIM's interest payments on its debt are well covered by EBIT (3.7x coverage).