FAR Chemical Industries Balance Sheet Health
Financial Health criteria checks 3/6
FAR Chemical Industries has a total shareholder equity of BDT5.0B and total debt of BDT2.5B, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are BDT7.9B and BDT2.9B respectively.
Key information
50.4%
Debt to equity ratio
৳2.51b
Debt
Interest coverage ratio | n/a |
Cash | ৳595.58m |
Equity | ৳4.98b |
Total liabilities | ৳2.88b |
Total assets | ৳7.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FARCHEM's short term assets (BDT2.7B) exceed its short term liabilities (BDT2.6B).
Long Term Liabilities: FARCHEM's short term assets (BDT2.7B) exceed its long term liabilities (BDT301.5M).
Debt to Equity History and Analysis
Debt Level: FARCHEM's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: FARCHEM's debt to equity ratio has increased from 0.08% to 50.4% over the past 5 years.
Debt Coverage: FARCHEM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FARCHEM's interest payments on its debt are well covered by EBIT.