Simtex Industries Balance Sheet Health
Financial Health criteria checks 4/6
Simtex Industries has a total shareholder equity of BDT1.8B and total debt of BDT669.9M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are BDT2.7B and BDT846.5M respectively. Simtex Industries's EBIT is BDT170.0M making its interest coverage ratio 2.6. It has cash and short-term investments of BDT106.3M.
Key information
37.1%
Debt to equity ratio
৳669.92m
Debt
| Interest coverage ratio | 2.6x |
| Cash | ৳106.34m |
| Equity | ৳1.80b |
| Total liabilities | ৳846.54m |
| Total assets | ৳2.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIMTEX's short term assets (BDT1.4B) exceed its short term liabilities (BDT686.7M).
Long Term Liabilities: SIMTEX's short term assets (BDT1.4B) exceed its long term liabilities (BDT159.8M).
Debt to Equity History and Analysis
Debt Level: SIMTEX's net debt to equity ratio (31.2%) is considered satisfactory.
Reducing Debt: SIMTEX's debt to equity ratio has increased from 22.5% to 37.1% over the past 5 years.
Debt Coverage: SIMTEX's debt is well covered by operating cash flow (38.3%).
Interest Coverage: SIMTEX's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 05:18 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Simtex Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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