BSRM Steels Balance Sheet Health
Financial Health criteria checks 4/6
BSRM Steels has a total shareholder equity of BDT29.4B and total debt of BDT64.3B, which brings its debt-to-equity ratio to 218.5%. Its total assets and total liabilities are BDT103.4B and BDT74.0B respectively. BSRM Steels's EBIT is BDT8.0B making its interest coverage ratio 11.8. It has cash and short-term investments of BDT6.9B.
Key information
218.5%
Debt to equity ratio
৳64.30b
Debt
| Interest coverage ratio | 11.8x |
| Cash | ৳6.89b |
| Equity | ৳29.42b |
| Total liabilities | ৳73.99b |
| Total assets | ৳103.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BSRMSTEEL's short term assets (BDT64.2B) exceed its short term liabilities (BDT63.6B).
Long Term Liabilities: BSRMSTEEL's short term assets (BDT64.2B) exceed its long term liabilities (BDT10.4B).
Debt to Equity History and Analysis
Debt Level: BSRMSTEEL's net debt to equity ratio (195.1%) is considered high.
Reducing Debt: BSRMSTEEL's debt to equity ratio has reduced from 231.2% to 218.5% over the past 5 years.
Debt Coverage: BSRMSTEEL's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: BSRMSTEEL's interest payments on its debt are well covered by EBIT (11.8x coverage).