Padma Oil Balance Sheet Health
Financial Health criteria checks 6/6
Padma Oil has a total shareholder equity of BDT21.1B and total debt of BDT183.5M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are BDT163.0B and BDT141.9B respectively. Padma Oil's EBIT is BDT1.3B making its interest coverage ratio -0.4. It has cash and short-term investments of BDT48.2B.
Key information
0.9%
Debt to equity ratio
৳183.46m
Debt
Interest coverage ratio | -0.4x |
Cash | ৳48.18b |
Equity | ৳21.11b |
Total liabilities | ৳141.88b |
Total assets | ৳162.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PADMAOIL's short term assets (BDT157.6B) exceed its short term liabilities (BDT141.6B).
Long Term Liabilities: PADMAOIL's short term assets (BDT157.6B) exceed its long term liabilities (BDT311.8M).
Debt to Equity History and Analysis
Debt Level: PADMAOIL has more cash than its total debt.
Reducing Debt: PADMAOIL's debt to equity ratio has reduced from 1.4% to 0.9% over the past 5 years.
Debt Coverage: PADMAOIL's debt is well covered by operating cash flow (396.4%).
Interest Coverage: PADMAOIL earns more interest than it pays, so coverage of interest payments is not a concern.