Titas Gas Transmission and Distribution Balance Sheet Health
Financial Health criteria checks 4/6
Titas Gas Transmission and Distribution has a total shareholder equity of BDT71.1B and total debt of BDT4.5B, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are BDT279.9B and BDT208.8B respectively.
Key information
6.3%
Debt to equity ratio
৳4.45b
Debt
Interest coverage ratio | n/a |
Cash | ৳25.66b |
Equity | ৳71.13b |
Total liabilities | ৳208.75b |
Total assets | ৳279.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TITASGAS's short term assets (BDT214.5B) exceed its short term liabilities (BDT167.8B).
Long Term Liabilities: TITASGAS's short term assets (BDT214.5B) exceed its long term liabilities (BDT40.9B).
Debt to Equity History and Analysis
Debt Level: TITASGAS has more cash than its total debt.
Reducing Debt: TITASGAS's debt to equity ratio has increased from 2.9% to 6.3% over the past 5 years.
Debt Coverage: TITASGAS's debt is well covered by operating cash flow (149.2%).
Interest Coverage: Insufficient data to determine if TITASGAS's interest payments on its debt are well covered by EBIT.