Sonali Aansh Industries Balance Sheet Health
Financial Health criteria checks 2/6
Sonali Aansh Industries has a total shareholder equity of BDT725.7M and total debt of BDT1.1B, which brings its debt-to-equity ratio to 150.7%. Its total assets and total liabilities are BDT2.0B and BDT1.3B respectively. Sonali Aansh Industries's EBIT is BDT100.6M making its interest coverage ratio 1.6. It has cash and short-term investments of BDT49.0M.
Key information
150.7%
Debt to equity ratio
৳1.09b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ৳48.98m |
| Equity | ৳725.66m |
| Total liabilities | ৳1.28b |
| Total assets | ৳2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SONALIANSH's short term assets (BDT1.2B) exceed its short term liabilities (BDT750.3M).
Long Term Liabilities: SONALIANSH's short term assets (BDT1.2B) exceed its long term liabilities (BDT533.9M).
Debt to Equity History and Analysis
Debt Level: SONALIANSH's net debt to equity ratio (144%) is considered high.
Reducing Debt: SONALIANSH's debt to equity ratio has increased from 149.9% to 150.7% over the past 5 years.
Debt Coverage: SONALIANSH's debt is not well covered by operating cash flow (13%).
Interest Coverage: SONALIANSH's interest payments on its debt are not well covered by EBIT (1.6x coverage).