Sonargaon Textiles Balance Sheet Health
Financial Health criteria checks 3/6
Sonargaon Textiles has a total shareholder equity of BDT497.4M and total debt of BDT672.4M, which brings its debt-to-equity ratio to 135.2%. Its total assets and total liabilities are BDT1.3B and BDT781.1M respectively.
Key information
135.2%
Debt to equity ratio
৳672.40m
Debt
Interest coverage ratio | n/a |
Cash | ৳2.46m |
Equity | ৳497.41m |
Total liabilities | ৳781.12m |
Total assets | ৳1.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SONARGAON's short term assets (BDT539.0M) exceed its short term liabilities (BDT36.1M).
Long Term Liabilities: SONARGAON's short term assets (BDT539.0M) do not cover its long term liabilities (BDT745.0M).
Debt to Equity History and Analysis
Debt Level: SONARGAON's net debt to equity ratio (134.7%) is considered high.
Reducing Debt: SONARGAON's debt to equity ratio has increased from 112% to 135.2% 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 17.1% per year.