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 BDT2.5B, which brings its debt-to-equity ratio to 118.9%. Its total assets and total liabilities are BDT5.4B and BDT3.3B respectively. Tosrifa Industries's EBIT is BDT232.3M making its interest coverage ratio 1.4. It has cash and short-term investments of BDT251.9M.
Key information
118.9%
Debt to equity ratio
৳2.49b
Debt
Interest coverage ratio | 1.4x |
Cash | ৳251.90m |
Equity | ৳2.10b |
Total liabilities | ৳3.30b |
Total assets | ৳5.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOSRIFA's short term assets (BDT2.4B) do not cover its short term liabilities (BDT2.6B).
Long Term Liabilities: TOSRIFA's short term assets (BDT2.4B) exceed its long term liabilities (BDT691.6M).
Debt to Equity History and Analysis
Debt Level: TOSRIFA's net debt to equity ratio (106.9%) is considered high.
Reducing Debt: TOSRIFA's debt to equity ratio has increased from 62.2% to 118.9% over the past 5 years.
Debt Coverage: TOSRIFA's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: TOSRIFA's interest payments on its debt are not well covered by EBIT (1.4x coverage).