GSP Finance Company (Bangladesh) Balance Sheet Health
Financial Health criteria checks 3/6
GSP Finance Company (Bangladesh) has a total shareholder equity of BDT3.7B and total debt of BDT1.9B, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are BDT12.2B and BDT8.6B respectively.
Key information
50.8%
Debt to equity ratio
৳1.88b
Debt
| Interest coverage ratio | n/a |
| Cash | ৳201.13m |
| Equity | ৳3.70b |
| Total liabilities | ৳8.55b |
| Total assets | ৳12.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GSPFINANCE's short term assets (BDT9.4B) exceed its short term liabilities (BDT3.6B).
Long Term Liabilities: GSPFINANCE's short term assets (BDT9.4B) exceed its long term liabilities (BDT5.0B).
Debt to Equity History and Analysis
Debt Level: GSPFINANCE's net debt to equity ratio (45.4%) is considered high.
Reducing Debt: GSPFINANCE's debt to equity ratio has reduced from 72% to 50.8% over the past 5 years.
Debt Coverage: GSPFINANCE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GSPFINANCE's interest payments on its debt are well covered by EBIT.