Best Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Best Holdings has a total shareholder equity of BDT52.5B and total debt of BDT15.8B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are BDT74.1B and BDT21.5B respectively. Best Holdings's EBIT is BDT1.4B making its interest coverage ratio 46. It has cash and short-term investments of BDT123.8M.
Key information
30.0%
Debt to equity ratio
৳15.78b
Debt
| Interest coverage ratio | 46x |
| Cash | ৳123.80m |
| Equity | ৳52.52b |
| Total liabilities | ৳21.54b |
| Total assets | ৳74.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BESTHLDNG's short term assets (BDT7.1B) exceed its short term liabilities (BDT1.8B).
Long Term Liabilities: BESTHLDNG's short term assets (BDT7.1B) do not cover its long term liabilities (BDT19.8B).
Debt to Equity History and Analysis
Debt Level: BESTHLDNG's net debt to equity ratio (29.8%) 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 (10.9%).
Interest Coverage: BESTHLDNG's interest payments on its debt are well covered by EBIT (46x coverage).