Oimex Electrode Balance Sheet Health
Financial Health criteria checks 1/6
Oimex Electrode has a total shareholder equity of BDT227.3M and total debt of BDT1.0B, which brings its debt-to-equity ratio to 459.2%. Its total assets and total liabilities are BDT1.4B and BDT1.2B respectively. Oimex Electrode's EBIT is BDT65.2M making its interest coverage ratio 1.7. It has cash and short-term investments of BDT326.8M.
Key information
459.2%
Debt to equity ratio
৳1.04b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ৳326.82m |
| Equity | ৳227.28m |
| Total liabilities | ৳1.17b |
| Total assets | ৳1.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OIMEX's short term assets (BDT947.8M) do not cover its short term liabilities (BDT1.1B).
Long Term Liabilities: OIMEX's short term assets (BDT947.8M) exceed its long term liabilities (BDT46.0M).
Debt to Equity History and Analysis
Debt Level: OIMEX's net debt to equity ratio (315.4%) is considered high.
Reducing Debt: OIMEX's debt to equity ratio has increased from 19.1% to 459.2% over the past 5 years.
Debt Coverage: OIMEX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OIMEX's interest payments on its debt are not well covered by EBIT (1.7x coverage).