Bangladesh Steel Re-Rolling Mills Balance Sheet Health
Financial Health criteria checks 4/6
Bangladesh Steel Re-Rolling Mills has a total shareholder equity of BDT45.8B and total debt of BDT51.6B, which brings its debt-to-equity ratio to 112.5%. Its total assets and total liabilities are BDT108.7B and BDT62.9B respectively. Bangladesh Steel Re-Rolling Mills's EBIT is BDT6.9B making its interest coverage ratio 4.7. It has cash and short-term investments of BDT1.2B.
Key information
112.5%
Debt to equity ratio
৳51.60b
Debt
| Interest coverage ratio | 4.7x |
| Cash | ৳1.19b |
| Equity | ৳45.85b |
| Total liabilities | ৳62.89b |
| Total assets | ৳108.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BSRMLTD's short term assets (BDT61.4B) exceed its short term liabilities (BDT57.6B).
Long Term Liabilities: BSRMLTD's short term assets (BDT61.4B) exceed its long term liabilities (BDT5.3B).
Debt to Equity History and Analysis
Debt Level: BSRMLTD's net debt to equity ratio (109.9%) is considered high.
Reducing Debt: BSRMLTD's debt to equity ratio has reduced from 152.3% to 112.5% over the past 5 years.
Debt Coverage: BSRMLTD's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: BSRMLTD's interest payments on its debt are well covered by EBIT (4.7x coverage).