Miracle Industries Balance Sheet Health
Financial Health criteria checks 1/6
Miracle Industries has a total shareholder equity of BDT615.0M and total debt of BDT633.4M, which brings its debt-to-equity ratio to 103%. Its total assets and total liabilities are BDT1.5B and BDT871.0M respectively.
Key information
103.0%
Debt to equity ratio
৳633.41m
Debt
Interest coverage ratio | n/a |
Cash | ৳1.93m |
Equity | ৳615.02m |
Total liabilities | ৳870.95m |
Total assets | ৳1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIRACLEIND's short term assets (BDT210.4M) do not cover its short term liabilities (BDT741.1M).
Long Term Liabilities: MIRACLEIND's short term assets (BDT210.4M) exceed its long term liabilities (BDT129.8M).
Debt to Equity History and Analysis
Debt Level: MIRACLEIND's net debt to equity ratio (102.7%) is considered high.
Reducing Debt: MIRACLEIND's debt to equity ratio has increased from 52% to 103% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if MIRACLEIND has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MIRACLEIND has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.