Gemini Sea Food Balance Sheet Health
Financial Health criteria checks 3/6
Gemini Sea Food has a total shareholder equity of BDT234.5M and total debt of BDT802.2M, which brings its debt-to-equity ratio to 342.1%. Its total assets and total liabilities are BDT1.1B and BDT873.2M respectively. Gemini Sea Food's EBIT is BDT149.5M making its interest coverage ratio 2.1. It has cash and short-term investments of BDT64.5M.
Key information
342.1%
Debt to equity ratio
৳802.15m
Debt
Interest coverage ratio | 2.1x |
Cash | ৳64.54m |
Equity | ৳234.49m |
Total liabilities | ৳873.15m |
Total assets | ৳1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEMINISEA's short term assets (BDT1.0B) exceed its short term liabilities (BDT860.8M).
Long Term Liabilities: GEMINISEA's short term assets (BDT1.0B) exceed its long term liabilities (BDT12.3M).
Debt to Equity History and Analysis
Debt Level: GEMINISEA's net debt to equity ratio (314.6%) is considered high.
Reducing Debt: GEMINISEA's debt to equity ratio has reduced from 852.3% to 342.1% over the past 5 years.
Debt Coverage: GEMINISEA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GEMINISEA's interest payments on its debt are not well covered by EBIT (2.1x coverage).