National Tubes Balance Sheet Health
Financial Health criteria checks 3/6
National Tubes has a total shareholder equity of BDT5.3B and total debt of BDT461.9M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are BDT6.3B and BDT1.1B respectively. National Tubes's EBIT is BDT53.2M making its interest coverage ratio 1.5. It has cash and short-term investments of BDT1.4M.
Key information
8.8%
Debt to equity ratio
৳461.88m
Debt
Interest coverage ratio | 1.5x |
Cash | ৳1.44m |
Equity | ৳5.25b |
Total liabilities | ৳1.05b |
Total assets | ৳6.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTLTUBES's short term assets (BDT1.1B) exceed its short term liabilities (BDT684.4M).
Long Term Liabilities: NTLTUBES's short term assets (BDT1.1B) exceed its long term liabilities (BDT367.9M).
Debt to Equity History and Analysis
Debt Level: NTLTUBES's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: NTLTUBES's debt to equity ratio has increased from 6.6% to 8.8% over the past 5 years.
Debt Coverage: NTLTUBES's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NTLTUBES's interest payments on its debt are not well covered by EBIT (1.5x coverage).