SK Trims & Industries Balance Sheet Health
Financial Health criteria checks 5/6
SK Trims & Industries has a total shareholder equity of BDT1.3B and total debt of BDT232.7M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are BDT1.7B and BDT326.1M respectively. SK Trims & Industries's EBIT is BDT102.1M making its interest coverage ratio 6.6. It has cash and short-term investments of BDT206.1M.
Key information
17.3%
Debt to equity ratio
৳232.67m
Debt
Interest coverage ratio | 6.6x |
Cash | ৳206.14m |
Equity | ৳1.35b |
Total liabilities | ৳326.08m |
Total assets | ৳1.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKTRIMS's short term assets (BDT860.0M) exceed its short term liabilities (BDT298.8M).
Long Term Liabilities: SKTRIMS's short term assets (BDT860.0M) exceed its long term liabilities (BDT27.3M).
Debt to Equity History and Analysis
Debt Level: SKTRIMS's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: SKTRIMS's debt to equity ratio has increased from 10.4% to 17.3% over the past 5 years.
Debt Coverage: SKTRIMS's debt is well covered by operating cash flow (34.8%).
Interest Coverage: SKTRIMS's interest payments on its debt are well covered by EBIT (6.6x coverage).