BSRM Steels Limited

DSE:BSRMSTEEL Stock Report

Market Cap: ৳19.7b

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 ratio11.8x
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).


Balance Sheet


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