Associated Oxygen Balance Sheet Health
Financial Health criteria checks 6/6
Associated Oxygen has a total shareholder equity of BDT2.1B and total debt of BDT24.5M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are BDT2.5B and BDT368.2M respectively. Associated Oxygen's EBIT is BDT239.0M making its interest coverage ratio 65.2. It has cash and short-term investments of BDT5.0M.
Key information
1.2%
Debt to equity ratio
৳24.48m
Debt
Interest coverage ratio | 65.2x |
Cash | ৳5.01m |
Equity | ৳2.09b |
Total liabilities | ৳368.19m |
Total assets | ৳2.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOL's short term assets (BDT452.3M) exceed its short term liabilities (BDT201.8M).
Long Term Liabilities: AOL's short term assets (BDT452.3M) exceed its long term liabilities (BDT166.4M).
Debt to Equity History and Analysis
Debt Level: AOL's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: AOL's debt to equity ratio has reduced from 5.6% to 1.2% over the past 5 years.
Debt Coverage: AOL's debt is well covered by operating cash flow (1032.4%).
Interest Coverage: AOL's interest payments on its debt are well covered by EBIT (65.2x coverage).