JMI Hospital Requisite Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
JMI Hospital Requisite Manufacturing has a total shareholder equity of BDT4.3B and total debt of BDT1.1B, which brings its debt-to-equity ratio to 25.8%. Its total assets and total liabilities are BDT5.7B and BDT1.4B respectively. JMI Hospital Requisite Manufacturing's EBIT is BDT425.0M making its interest coverage ratio 6. It has cash and short-term investments of BDT564.8M.
Key information
25.8%
Debt to equity ratio
৳1.11b
Debt
| Interest coverage ratio | 6x |
| Cash | ৳564.83m |
| Equity | ৳4.32b |
| Total liabilities | ৳1.36b |
| Total assets | ৳5.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JHRML's short term assets (BDT3.4B) exceed its short term liabilities (BDT1.1B).
Long Term Liabilities: JHRML's short term assets (BDT3.4B) exceed its long term liabilities (BDT275.5M).
Debt to Equity History and Analysis
Debt Level: JHRML's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: JHRML's debt to equity ratio has reduced from 68.4% to 25.8% over the past 5 years.
Debt Coverage: JHRML's debt is well covered by operating cash flow (26.5%).
Interest Coverage: JHRML's interest payments on its debt are well covered by EBIT (6x coverage).