Coppertech Industries Balance Sheet Health
Financial Health criteria checks 3/6
Coppertech Industries has a total shareholder equity of BDT882.2M and total debt of BDT674.5M, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are BDT1.8B and BDT888.7M respectively. Coppertech Industries's EBIT is BDT126.7M making its interest coverage ratio 1.8. It has cash and short-term investments of BDT39.5M.
Key information
76.5%
Debt to equity ratio
৳674.49m
Debt
Interest coverage ratio | 1.8x |
Cash | ৳39.53m |
Equity | ৳882.16m |
Total liabilities | ৳888.73m |
Total assets | ৳1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COPPERTECH's short term assets (BDT860.7M) exceed its short term liabilities (BDT686.0M).
Long Term Liabilities: COPPERTECH's short term assets (BDT860.7M) exceed its long term liabilities (BDT202.7M).
Debt to Equity History and Analysis
Debt Level: COPPERTECH's net debt to equity ratio (72%) is considered high.
Reducing Debt: COPPERTECH's debt to equity ratio has reduced from 97.7% to 76.5% over the past 5 years.
Debt Coverage: COPPERTECH's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: COPPERTECH's interest payments on its debt are not well covered by EBIT (1.8x coverage).