Sea Pearl Beach Resort & Balance Sheet Health
Financial Health criteria checks 2/6
Sea Pearl Beach Resort & has a total shareholder equity of BDT2.2B and total debt of BDT5.4B, which brings its debt-to-equity ratio to 242%. Its total assets and total liabilities are BDT8.8B and BDT6.5B respectively. Sea Pearl Beach Resort &'s EBIT is BDT886.4M making its interest coverage ratio 1.7. It has cash and short-term investments of BDT134.0M.
Key information
242.0%
Debt to equity ratio
৳5.40b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ৳134.03m |
| Equity | ৳2.23b |
| Total liabilities | ৳6.53b |
| Total assets | ৳8.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEAPEARL's short term assets (BDT626.9M) do not cover its short term liabilities (BDT2.0B).
Long Term Liabilities: SEAPEARL's short term assets (BDT626.9M) do not cover its long term liabilities (BDT4.5B).
Debt to Equity History and Analysis
Debt Level: SEAPEARL's net debt to equity ratio (236%) is considered high.
Reducing Debt: SEAPEARL's debt to equity ratio has reduced from 315.7% to 242% over the past 5 years.
Debt Coverage: SEAPEARL's debt is well covered by operating cash flow (21%).
Interest Coverage: SEAPEARL's interest payments on its debt are not well covered by EBIT (1.7x coverage).