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 ratio | n/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.