Hakkani Pulp & Paper Mills Balance Sheet Health
Financial Health criteria checks 1/6
Hakkani Pulp & Paper Mills has a total shareholder equity of BDT468.0M and total debt of BDT886.2M, which brings its debt-to-equity ratio to 189.4%. Its total assets and total liabilities are BDT1.6B and BDT1.1B respectively. Hakkani Pulp & Paper Mills's EBIT is BDT97.1M making its interest coverage ratio 1.6. It has cash and short-term investments of BDT35.0M.
Key information
189.4%
Debt to equity ratio
৳886.17m
Debt
Interest coverage ratio | 1.6x |
Cash | ৳34.95m |
Equity | ৳467.96m |
Total liabilities | ৳1.10b |
Total assets | ৳1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAKKANIPUL's short term assets (BDT677.5M) exceed its short term liabilities (BDT415.7M).
Long Term Liabilities: HAKKANIPUL's short term assets (BDT677.5M) do not cover its long term liabilities (BDT683.6M).
Debt to Equity History and Analysis
Debt Level: HAKKANIPUL's net debt to equity ratio (181.9%) is considered high.
Reducing Debt: HAKKANIPUL's debt to equity ratio has increased from 125.1% to 189.4% over the past 5 years.
Debt Coverage: HAKKANIPUL's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: HAKKANIPUL's interest payments on its debt are not well covered by EBIT (1.6x coverage).