Best Holdings Balance Sheet Health

Financial Health criteria checks 3/6

Best Holdings has a total shareholder equity of BDT57.0B and total debt of BDT16.9B, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are BDT79.7B and BDT22.7B respectively. Best Holdings's EBIT is BDT1.1B making its interest coverage ratio 10.6. It has cash and short-term investments of BDT1.2B.

Key information

29.6%

Debt to equity ratio

৳16.87b

Debt

Interest coverage ratio	10.6x
Cash	৳1.23b
Equity	৳57.02b
Total liabilities	৳22.70b
Total assets	৳79.72b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: BESTHLDNG's short term assets (BDT9.2B) exceed its short term liabilities (BDT2.1B).

Long Term Liabilities: BESTHLDNG's short term assets (BDT9.2B) do not cover its long term liabilities (BDT20.6B).

Debt to Equity History and Analysis

Debt Level: BESTHLDNG's net debt to equity ratio (27.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if BESTHLDNG's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: BESTHLDNG's debt is not well covered by operating cash flow (10.3%).

Interest Coverage: BESTHLDNG's interest payments on its debt are well covered by EBIT (10.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/08 19:32
End of Day Share Price	2025/01/08 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Best Holdings 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