Taufika Foods and Lovello Ice-Cream Balance Sheet Health
Financial Health criteria checks 2/6
Taufika Foods and Lovello Ice-Cream has a total shareholder equity of BDT1.1B and total debt of BDT914.0M, which brings its debt-to-equity ratio to 86%. Its total assets and total liabilities are BDT2.6B and BDT1.6B respectively. Taufika Foods and Lovello Ice-Cream's EBIT is BDT202.7M making its interest coverage ratio 1.7. It has cash and short-term investments of BDT113.5M.
Key information
86.0%
Debt to equity ratio
৳913.97m
Debt
Interest coverage ratio | 1.7x |
Cash | ৳113.47m |
Equity | ৳1.06b |
Total liabilities | ৳1.58b |
Total assets | ৳2.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOVELLO's short term assets (BDT1.4B) exceed its short term liabilities (BDT558.7M).
Long Term Liabilities: LOVELLO's short term assets (BDT1.4B) exceed its long term liabilities (BDT1.0B).
Debt to Equity History and Analysis
Debt Level: LOVELLO's net debt to equity ratio (75.3%) is considered high.
Reducing Debt: Insufficient data to determine if LOVELLO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LOVELLO's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: LOVELLO's interest payments on its debt are not well covered by EBIT (1.7x coverage).