LafargeHolcim Bangladesh Balance Sheet Health
Financial Health criteria checks 6/6
LafargeHolcim Bangladesh has a total shareholder equity of BDT20.2B and total debt of BDT644.2M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are BDT33.5B and BDT13.3B respectively. LafargeHolcim Bangladesh's EBIT is BDT5.9B making its interest coverage ratio 32.1. It has cash and short-term investments of BDT6.4B.
Key information
3.2%
Debt to equity ratio
৳644.16m
Debt
| Interest coverage ratio | 32.1x |
| Cash | ৳6.42b |
| Equity | ৳20.25b |
| Total liabilities | ৳13.30b |
| Total assets | ৳33.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LHB's short term assets (BDT15.8B) exceed its short term liabilities (BDT11.2B).
Long Term Liabilities: LHB's short term assets (BDT15.8B) exceed its long term liabilities (BDT2.1B).
Debt to Equity History and Analysis
Debt Level: LHB has more cash than its total debt.
Reducing Debt: LHB's debt to equity ratio has reduced from 13.4% to 3.2% over the past 5 years.
Debt Coverage: LHB's debt is well covered by operating cash flow (904.9%).
Interest Coverage: LHB's interest payments on its debt are well covered by EBIT (32.1x coverage).