Deshbandhu Polymer Balance Sheet Health
Financial Health criteria checks 3/6
Deshbandhu Polymer has a total shareholder equity of BDT1.2B and total debt of BDT1.2B, which brings its debt-to-equity ratio to 97.9%. Its total assets and total liabilities are BDT2.6B and BDT1.4B respectively. Deshbandhu Polymer's EBIT is BDT105.7M making its interest coverage ratio 2.6. It has cash and short-term investments of BDT20.7M.
Key information
97.9%
Debt to equity ratio
৳1.17b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ৳20.71m |
| Equity | ৳1.19b |
| Total liabilities | ৳1.39b |
| Total assets | ৳2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DESHBANDHU's short term assets (BDT1.6B) exceed its short term liabilities (BDT693.5M).
Long Term Liabilities: DESHBANDHU's short term assets (BDT1.6B) exceed its long term liabilities (BDT692.6M).
Debt to Equity History and Analysis
Debt Level: DESHBANDHU's net debt to equity ratio (96.2%) is considered high.
Reducing Debt: DESHBANDHU's debt to equity ratio has reduced from 145.6% to 97.9% over the past 5 years.
Debt Coverage: DESHBANDHU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DESHBANDHU's interest payments on its debt are not well covered by EBIT (2.6x coverage).