Sonargaon Textiles Balance Sheet Health
Financial Health criteria checks 2/6
Sonargaon Textiles has a total shareholder equity of BDT511.7M and total debt of BDT672.4M, which brings its debt-to-equity ratio to 131.4%. Its total assets and total liabilities are BDT1.3B and BDT760.2M respectively. Sonargaon Textiles's EBIT is BDT7.3M making its interest coverage ratio -4.3. It has cash and short-term investments of BDT4.4M.
Key information
131.4%
Debt to equity ratio
৳672.40m
Debt
| Interest coverage ratio | -4.3x |
| Cash | ৳4.37m |
| Equity | ৳511.66m |
| Total liabilities | ৳760.23m |
| Total assets | ৳1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SONARGAON's short term assets (BDT559.7M) exceed its short term liabilities (BDT17.5M).
Long Term Liabilities: SONARGAON's short term assets (BDT559.7M) do not cover its long term liabilities (BDT742.7M).
Debt to Equity History and Analysis
Debt Level: SONARGAON's net debt to equity ratio (130.6%) is considered high.
Reducing Debt: SONARGAON's debt to equity ratio has increased from 116.4% to 131.4% over the past 5 years.
Debt Coverage: SONARGAON's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: SONARGAON earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:06 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sonargaon Textiles Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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