LafargeHolcim Bangladesh Balance Sheet Health
Financial Health criteria checks 6/6
LafargeHolcim Bangladesh has a total shareholder equity of BDT23.8B and total debt of BDT1.1B, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are BDT37.5B and BDT13.7B respectively. LafargeHolcim Bangladesh's EBIT is BDT7.4B making its interest coverage ratio -63.8. It has cash and short-term investments of BDT9.1B.
Key information
4.5%
Debt to equity ratio
৳1.06b
Debt
Interest coverage ratio | -63.8x |
Cash | ৳9.05b |
Equity | ৳23.84b |
Total liabilities | ৳13.67b |
Total assets | ৳37.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LHBL's short term assets (BDT19.7B) exceed its short term liabilities (BDT11.6B).
Long Term Liabilities: LHBL's short term assets (BDT19.7B) exceed its long term liabilities (BDT2.1B).
Debt to Equity History and Analysis
Debt Level: LHBL has more cash than its total debt.
Reducing Debt: LHBL's debt to equity ratio has reduced from 16.9% to 4.5% over the past 5 years.
Debt Coverage: LHBL's debt is well covered by operating cash flow (552.1%).
Interest Coverage: LHBL earns more interest than it pays, so coverage of interest payments is not a concern.