Heidelberg Materials Bangladesh Balance Sheet Health
Financial Health criteria checks 3/6
Heidelberg Materials Bangladesh has a total shareholder equity of BDT4.1B and total debt of BDT2.5B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are BDT11.1B and BDT7.1B respectively. Heidelberg Materials Bangladesh's EBIT is BDT684.5M making its interest coverage ratio -18. It has cash and short-term investments of BDT2.9B.
Key information
62.4%
Debt to equity ratio
৳2.54b
Debt
| Interest coverage ratio | -18x |
| Cash | ৳2.88b |
| Equity | ৳4.07b |
| Total liabilities | ৳7.06b |
| Total assets | ৳11.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEIDELBCEM's short term assets (BDT5.7B) do not cover its short term liabilities (BDT6.5B).
Long Term Liabilities: HEIDELBCEM's short term assets (BDT5.7B) exceed its long term liabilities (BDT514.1M).
Debt to Equity History and Analysis
Debt Level: HEIDELBCEM has more cash than its total debt.
Reducing Debt: HEIDELBCEM's debt to equity ratio has increased from 4.8% to 62.4% over the past 5 years.
Debt Coverage: HEIDELBCEM's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: HEIDELBCEM earns more interest than it pays, so coverage of interest payments is not a concern.