Olympic Accessories Balance Sheet Health
Financial Health criteria checks 3/6
Olympic Accessories has a total shareholder equity of BDT1.8B and total debt of BDT320.7M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are BDT2.3B and BDT523.0M respectively.
Key information
18.0%
Debt to equity ratio
৳320.68m
Debt
Interest coverage ratio | n/a |
Cash | ৳14.93m |
Equity | ৳1.78b |
Total liabilities | ৳523.05m |
Total assets | ৳2.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OAL's short term assets (BDT516.9M) exceed its short term liabilities (BDT430.7M).
Long Term Liabilities: OAL's short term assets (BDT516.9M) exceed its long term liabilities (BDT92.3M).
Debt to Equity History and Analysis
Debt Level: OAL's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: OAL's debt to equity ratio has increased from 1.9% to 18% over the past 5 years.
Debt Coverage: OAL's debt is not well covered by operating cash flow (19%).
Interest Coverage: Insufficient data to determine if OAL's interest payments on its debt are well covered by EBIT.