Hakkani Pulp & Paper Mills Balance Sheet Health
Financial Health criteria checks 2/6
Hakkani Pulp & Paper Mills has a total shareholder equity of BDT464.1M and total debt of BDT855.8M, which brings its debt-to-equity ratio to 184.4%. Its total assets and total liabilities are BDT1.6B and BDT1.1B respectively. Hakkani Pulp & Paper Mills's EBIT is BDT81.8M making its interest coverage ratio 1.2. It has cash and short-term investments of BDT42.3M.
Key information
184.4%
Debt to equity ratio
৳855.81m
Debt
| Interest coverage ratio | 1.2x |
| Cash | ৳42.26m |
| Equity | ৳464.08m |
| Total liabilities | ৳1.09b |
| Total assets | ৳1.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAKKANIPUL's short term assets (BDT686.9M) exceed its short term liabilities (BDT385.7M).
Long Term Liabilities: HAKKANIPUL's short term assets (BDT686.9M) do not cover its long term liabilities (BDT706.4M).
Debt to Equity History and Analysis
Debt Level: HAKKANIPUL's net debt to equity ratio (175.3%) is considered high.
Reducing Debt: HAKKANIPUL's debt to equity ratio has increased from 135% to 184.4% over the past 5 years.
Debt Coverage: HAKKANIPUL's debt is well covered by operating cash flow (20.7%).
Interest Coverage: HAKKANIPUL's interest payments on its debt are not well covered by EBIT (1.2x coverage).