HeidelbergCement Bangladesh Balance Sheet Health
Financial Health criteria checks 4/6
HeidelbergCement Bangladesh has a total shareholder equity of BDT3.8B and total debt of BDT3.8B, which brings its debt-to-equity ratio to 99.6%. Its total assets and total liabilities are BDT12.4B and BDT8.5B respectively. HeidelbergCement Bangladesh's EBIT is BDT839.3M making its interest coverage ratio 14.2. It has cash and short-term investments of BDT4.2B.
Key information
99.6%
Debt to equity ratio
৳3.83b
Debt
Interest coverage ratio | 14.2x |
Cash | ৳4.24b |
Equity | ৳3.84b |
Total liabilities | ৳8.55b |
Total assets | ৳12.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEIDELBCEM's short term assets (BDT6.7B) do not cover its short term liabilities (BDT8.0B).
Long Term Liabilities: HEIDELBCEM's short term assets (BDT6.7B) exceed its long term liabilities (BDT571.3M).
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 3% to 99.6% over the past 5 years.
Debt Coverage: HEIDELBCEM's debt is well covered by operating cash flow (38.2%).
Interest Coverage: HEIDELBCEM's interest payments on its debt are well covered by EBIT (14.2x coverage).