Coppertech Industries Balance Sheet Health
Financial Health criteria checks 4/6
Coppertech Industries has a total shareholder equity of BDT884.5M and total debt of BDT707.6M, which brings its debt-to-equity ratio to 80%. Its total assets and total liabilities are BDT1.8B and BDT899.4M respectively. Coppertech Industries's EBIT is BDT115.2M making its interest coverage ratio 1.5. It has cash and short-term investments of BDT42.5M.
Key information
80.0%
Debt to equity ratio
৳707.62m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ৳42.45m |
| Equity | ৳884.50m |
| Total liabilities | ৳899.40m |
| Total assets | ৳1.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COPPERTECH's short term assets (BDT886.2M) exceed its short term liabilities (BDT688.0M).
Long Term Liabilities: COPPERTECH's short term assets (BDT886.2M) exceed its long term liabilities (BDT211.4M).
Debt to Equity History and Analysis
Debt Level: COPPERTECH's net debt to equity ratio (75.2%) is considered high.
Reducing Debt: COPPERTECH's debt to equity ratio has reduced from 92.1% to 80% over the past 5 years.
Debt Coverage: COPPERTECH's debt is well covered by operating cash flow (20.9%).
Interest Coverage: COPPERTECH's interest payments on its debt are not well covered by EBIT (1.5x coverage).