Sonargaon Textiles Limited

DSE:SONARGAON Stock Report

Market Cap: ৳579.6m

Sonargaon Textiles Balance Sheet Health

Financial Health criteria checks 3/6

Sonargaon Textiles has a total shareholder equity of BDT502.8M and total debt of BDT672.4M, which brings its debt-to-equity ratio to 133.7%. Its total assets and total liabilities are BDT1.3B and BDT785.1M respectively.

Key information

133.7%

Debt to equity ratio

৳672.40m

Debt

Interest coverage ration/a
Cash৳11.43m
Equity৳502.79m
Total liabilities৳785.08m
Total assets৳1.29b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SONARGAON's short term assets (BDT557.8M) exceed its short term liabilities (BDT40.6M).

Long Term Liabilities: SONARGAON's short term assets (BDT557.8M) do not cover its long term liabilities (BDT744.5M).


Debt to Equity History and Analysis

Debt Level: SONARGAON's net debt to equity ratio (131.5%) is considered high.

Reducing Debt: SONARGAON's debt to equity ratio has increased from 112.5% to 133.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable SONARGAON has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SONARGAON is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.9% per year.


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