Heidelberg Materials Bangladesh Balance Sheet Health
Financial Health criteria checks 4/6
Heidelberg Materials Bangladesh has a total shareholder equity of BDT4.2B and total debt of BDT3.2B, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are BDT13.1B and BDT8.9B respectively. Heidelberg Materials Bangladesh's EBIT is BDT819.1M making its interest coverage ratio 28.3. It has cash and short-term investments of BDT4.4B.
Key information
75.2%
Debt to equity ratio
৳3.15b
Debt
Interest coverage ratio | 28.3x |
Cash | ৳4.38b |
Equity | ৳4.19b |
Total liabilities | ৳8.94b |
Total assets | ৳13.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEIDELBCEM's short term assets (BDT7.6B) do not cover its short term liabilities (BDT8.4B).
Long Term Liabilities: HEIDELBCEM's short term assets (BDT7.6B) exceed its long term liabilities (BDT511.9M).
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 2.6% to 75.2% over the past 5 years.
Debt Coverage: HEIDELBCEM's debt is well covered by operating cash flow (31%).
Interest Coverage: HEIDELBCEM's interest payments on its debt are well covered by EBIT (28.3x coverage).