National Feed Mill Balance Sheet Health
Financial Health criteria checks 2/6
National Feed Mill has a total shareholder equity of BDT1.1B and total debt of BDT607.9M, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are BDT1.8B and BDT721.1M respectively. National Feed Mill's EBIT is BDT10.5M making its interest coverage ratio 0.2. It has cash and short-term investments of BDT2.3M.
Key information
57.4%
Debt to equity ratio
৳607.94m
Debt
| Interest coverage ratio | 0.2x |
| Cash | ৳2.27m |
| Equity | ৳1.06b |
| Total liabilities | ৳721.13m |
| Total assets | ৳1.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFML's short term assets (BDT1.5B) exceed its short term liabilities (BDT374.8M).
Long Term Liabilities: NFML's short term assets (BDT1.5B) exceed its long term liabilities (BDT346.3M).
Debt to Equity History and Analysis
Debt Level: NFML's net debt to equity ratio (57.1%) is considered high.
Reducing Debt: NFML's debt to equity ratio has increased from 40.5% to 57.4% over the past 5 years.
Debt Coverage: NFML's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: NFML's interest payments on its debt are not well covered by EBIT (0.2x coverage).