Singer Bangladesh Balance Sheet Health
Financial Health criteria checks 3/6
Singer Bangladesh has a total shareholder equity of BDT3.3B and total debt of BDT14.9B, which brings its debt-to-equity ratio to 452.9%. Its total assets and total liabilities are BDT32.3B and BDT29.0B respectively. Singer Bangladesh's EBIT is BDT1.2B making its interest coverage ratio 1.5. It has cash and short-term investments of BDT3.0B.
Key information
452.9%
Debt to equity ratio
৳14.86b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ৳3.02b |
| Equity | ৳3.28b |
| Total liabilities | ৳28.97b |
| Total assets | ৳32.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SINGERBD's short term assets (BDT20.3B) exceed its short term liabilities (BDT20.1B).
Long Term Liabilities: SINGERBD's short term assets (BDT20.3B) exceed its long term liabilities (BDT8.8B).
Debt to Equity History and Analysis
Debt Level: SINGERBD's net debt to equity ratio (360.8%) is considered high.
Reducing Debt: SINGERBD's debt to equity ratio has increased from 152.5% to 452.9% over the past 5 years.
Debt Coverage: SINGERBD's debt is well covered by operating cash flow (21%).
Interest Coverage: SINGERBD's interest payments on its debt are not well covered by EBIT (1.5x coverage).