Singer Bangladesh Balance Sheet Health
Financial Health criteria checks 1/6
Singer Bangladesh has a total shareholder equity of BDT3.1B and total debt of BDT18.4B, which brings its debt-to-equity ratio to 593.8%. Its total assets and total liabilities are BDT33.0B and BDT29.9B respectively. Singer Bangladesh's EBIT is BDT1.1B making its interest coverage ratio 1.2. It has cash and short-term investments of BDT3.3B.
Key information
593.8%
Debt to equity ratio
৳18.38b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ৳3.31b |
| Equity | ৳3.10b |
| Total liabilities | ৳29.92b |
| Total assets | ৳33.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SINGERBD's short term assets (BDT20.2B) do not cover its short term liabilities (BDT20.6B).
Long Term Liabilities: SINGERBD's short term assets (BDT20.2B) exceed its long term liabilities (BDT9.3B).
Debt to Equity History and Analysis
Debt Level: SINGERBD's net debt to equity ratio (486.8%) is considered high.
Reducing Debt: SINGERBD's debt to equity ratio has increased from 89.3% to 593.8% over the past 5 years.
Debt Coverage: SINGERBD's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: SINGERBD's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 11:12 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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
Singer Bangladesh Limited is covered by 2 analysts. 1 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 |
|---|---|
| Syed Tawsifuzzaman | BRAC EPL Stock Brokerage Ltd |
| Asif Khan | EDGE Research & Consulting |