Tosrifa Industries Balance Sheet Health
Financial Health criteria checks 1/6
Tosrifa Industries has a total shareholder equity of BDT2.1B and total debt of BDT2.2B, which brings its debt-to-equity ratio to 106.6%. Its total assets and total liabilities are BDT5.2B and BDT3.1B respectively. Tosrifa Industries's EBIT is BDT192.8M making its interest coverage ratio 1.1. It has cash and short-term investments of BDT339.5M.
Key information
106.6%
Debt to equity ratio
৳2.24b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ৳339.49m |
| Equity | ৳2.10b |
| Total liabilities | ৳3.10b |
| Total assets | ৳5.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOSRIFA's short term assets (BDT2.2B) do not cover its short term liabilities (BDT2.4B).
Long Term Liabilities: TOSRIFA's short term assets (BDT2.2B) exceed its long term liabilities (BDT653.0M).
Debt to Equity History and Analysis
Debt Level: TOSRIFA's net debt to equity ratio (90.4%) is considered high.
Reducing Debt: TOSRIFA's debt to equity ratio has increased from 67.9% to 106.6% over the past 5 years.
Debt Coverage: TOSRIFA's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: TOSRIFA's interest payments on its debt are not well covered by EBIT (1.1x coverage).