ACME Pesticides Balance Sheet Health
Financial Health criteria checks 6/6
ACME Pesticides has a total shareholder equity of BDT2.5B and total debt of BDT49.1M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are BDT3.0B and BDT557.1M respectively. ACME Pesticides's EBIT is BDT201.2M making its interest coverage ratio 8.7. It has cash and short-term investments of BDT227.2M.
Key information
2.0%
Debt to equity ratio
৳49.09m
Debt
Interest coverage ratio | 8.7x |
Cash | ৳227.17m |
Equity | ৳2.48b |
Total liabilities | ৳557.12m |
Total assets | ৳3.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACMEPL's short term assets (BDT1.4B) exceed its short term liabilities (BDT285.8M).
Long Term Liabilities: ACMEPL's short term assets (BDT1.4B) exceed its long term liabilities (BDT271.4M).
Debt to Equity History and Analysis
Debt Level: ACMEPL has more cash than its total debt.
Reducing Debt: ACMEPL's debt to equity ratio has reduced from 22.5% to 2% over the past 5 years.
Debt Coverage: ACMEPL's debt is well covered by operating cash flow (187.8%).
Interest Coverage: ACMEPL's interest payments on its debt are well covered by EBIT (8.7x coverage).