Marico Bangladesh Balance Sheet Health
Financial Health criteria checks 6/6
Marico Bangladesh has a total shareholder equity of BDT7.2B and total debt of BDT450.0M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are BDT15.6B and BDT8.4B respectively. Marico Bangladesh's EBIT is BDT5.6B making its interest coverage ratio -18. It has cash and short-term investments of BDT6.2B.
Key information
6.3%
Debt to equity ratio
৳450.00m
Debt
Interest coverage ratio | -18x |
Cash | ৳6.19b |
Equity | ৳7.18b |
Total liabilities | ৳8.39b |
Total assets | ৳15.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MARICO's short term assets (BDT13.7B) exceed its short term liabilities (BDT8.2B).
Long Term Liabilities: MARICO's short term assets (BDT13.7B) exceed its long term liabilities (BDT191.5M).
Debt to Equity History and Analysis
Debt Level: MARICO has more cash than its total debt.
Reducing Debt: MARICO's debt to equity ratio has reduced from 23.8% to 6.3% over the past 5 years.
Debt Coverage: MARICO's debt is well covered by operating cash flow (1339.6%).
Interest Coverage: MARICO earns more interest than it pays, so coverage of interest payments is not a concern.