Crown Cement Balance Sheet Health
Financial Health criteria checks 2/6
Crown Cement has a total shareholder equity of BDT8.3B and total debt of BDT15.0B, which brings its debt-to-equity ratio to 179.9%. Its total assets and total liabilities are BDT27.5B and BDT19.2B respectively. Crown Cement's EBIT is BDT3.4B making its interest coverage ratio 3.5. It has cash and short-term investments of BDT1.2B.
Key information
179.9%
Debt to equity ratio
৳15.00b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ৳1.18b |
| Equity | ৳8.34b |
| Total liabilities | ৳19.15b |
| Total assets | ৳27.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CROWNCEMNT's short term assets (BDT12.6B) do not cover its short term liabilities (BDT13.0B).
Long Term Liabilities: CROWNCEMNT's short term assets (BDT12.6B) exceed its long term liabilities (BDT6.2B).
Debt to Equity History and Analysis
Debt Level: CROWNCEMNT's net debt to equity ratio (165.8%) is considered high.
Reducing Debt: CROWNCEMNT's debt to equity ratio has increased from 174.8% to 179.9% over the past 5 years.
Debt Coverage: CROWNCEMNT's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: CROWNCEMNT's interest payments on its debt are well covered by EBIT (3.5x coverage).