Shinepukur Ceramics Balance Sheet Health
Financial Health criteria checks 3/6
Shinepukur Ceramics has a total shareholder equity of BDT4.6B and total debt of BDT980.9M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are BDT6.2B and BDT1.6B respectively. Shinepukur Ceramics's EBIT is BDT141.4M making its interest coverage ratio 2.4. It has cash and short-term investments of BDT60.9M.
Key information
21.4%
Debt to equity ratio
৳980.90m
Debt
| Interest coverage ratio | 2.4x |
| Cash | ৳60.88m |
| Equity | ৳4.58b |
| Total liabilities | ৳1.63b |
| Total assets | ৳6.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPCERAMICS's short term assets (BDT1.3B) do not cover its short term liabilities (BDT1.4B).
Long Term Liabilities: SPCERAMICS's short term assets (BDT1.3B) exceed its long term liabilities (BDT256.7M).
Debt to Equity History and Analysis
Debt Level: SPCERAMICS's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: SPCERAMICS's debt to equity ratio has reduced from 31.8% to 21.4% over the past 5 years.
Debt Coverage: SPCERAMICS's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: SPCERAMICS's interest payments on its debt are not well covered by EBIT (2.4x coverage).