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).