Singer Bangladesh Balance Sheet Health
Financial Health criteria checks 3/6
Singer Bangladesh has a total shareholder equity of BDT3.4B and total debt of BDT13.9B, which brings its debt-to-equity ratio to 411%. Its total assets and total liabilities are BDT27.3B and BDT23.9B respectively. Singer Bangladesh's EBIT is BDT1.4B making its interest coverage ratio 2.1. It has cash and short-term investments of BDT3.9B.
Key information
411.0%
Debt to equity ratio
৳13.86b
Debt
Interest coverage ratio | 2.1x |
Cash | ৳3.95b |
Equity | ৳3.37b |
Total liabilities | ৳23.89b |
Total assets | ৳27.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SINGERBD's short term assets (BDT17.5B) exceed its short term liabilities (BDT17.3B).
Long Term Liabilities: SINGERBD's short term assets (BDT17.5B) exceed its long term liabilities (BDT6.6B).
Debt to Equity History and Analysis
Debt Level: SINGERBD's net debt to equity ratio (294%) is considered high.
Reducing Debt: SINGERBD's debt to equity ratio has increased from 190% to 411% over the past 5 years.
Debt Coverage: SINGERBD's debt is well covered by operating cash flow (20.9%).
Interest Coverage: SINGERBD's interest payments on its debt are not well covered by EBIT (2.1x coverage).