Hakkani Pulp & Paper Mills Balance Sheet Health
Financial Health criteria checks 2/6
Hakkani Pulp & Paper Mills has a total shareholder equity of BDT461.5M and total debt of BDT866.6M, which brings its debt-to-equity ratio to 187.8%. Its total assets and total liabilities are BDT1.5B and BDT1.1B respectively. Hakkani Pulp & Paper Mills's EBIT is BDT94.0M making its interest coverage ratio 1.4. It has cash and short-term investments of BDT23.9M.
Key information
187.8%
Debt to equity ratio
৳866.63m
Debt
| Interest coverage ratio | 1.4x |
| Cash | ৳23.88m |
| Equity | ৳461.48m |
| Total liabilities | ৳1.09b |
| Total assets | ৳1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAKKANIPUL's short term assets (BDT666.6M) exceed its short term liabilities (BDT399.5M).
Long Term Liabilities: HAKKANIPUL's short term assets (BDT666.6M) do not cover its long term liabilities (BDT687.9M).
Debt to Equity History and Analysis
Debt Level: HAKKANIPUL's net debt to equity ratio (182.6%) is considered high.
Reducing Debt: HAKKANIPUL's debt to equity ratio has increased from 127.2% to 187.8% over the past 5 years.
Debt Coverage: HAKKANIPUL's debt is well covered by operating cash flow (21.6%).
Interest Coverage: HAKKANIPUL's interest payments on its debt are not well covered by EBIT (1.4x coverage).