MJL Bangladesh Balance Sheet Health
Financial Health criteria checks 2/6
MJL Bangladesh has a total shareholder equity of BDT16.7B and total debt of BDT15.8B, which brings its debt-to-equity ratio to 94.6%. Its total assets and total liabilities are BDT41.4B and BDT24.7B respectively. MJL Bangladesh's EBIT is BDT5.9B making its interest coverage ratio 5.2. It has cash and short-term investments of BDT1.3B.
Key information
94.6%
Debt to equity ratio
৳15.79b
Debt
Interest coverage ratio | 5.2x |
Cash | ৳1.32b |
Equity | ৳16.70b |
Total liabilities | ৳24.73b |
Total assets | ৳41.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MJLBD's short term assets (BDT17.3B) do not cover its short term liabilities (BDT23.8B).
Long Term Liabilities: MJLBD's short term assets (BDT17.3B) exceed its long term liabilities (BDT893.5M).
Debt to Equity History and Analysis
Debt Level: MJLBD's net debt to equity ratio (86.7%) is considered high.
Reducing Debt: MJLBD's debt to equity ratio has increased from 81.4% to 94.6% over the past 5 years.
Debt Coverage: MJLBD's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: MJLBD's interest payments on its debt are well covered by EBIT (5.2x coverage).