Oimex Electrode Balance Sheet Health
Financial Health criteria checks 1/6
Oimex Electrode has a total shareholder equity of BDT201.7M and total debt of BDT982.5M, which brings its debt-to-equity ratio to 487.1%. Its total assets and total liabilities are BDT1.3B and BDT1.1B respectively. Oimex Electrode's EBIT is BDT31.8M making its interest coverage ratio 0.9. It has cash and short-term investments of BDT181.6M.
Key information
487.1%
Debt to equity ratio
৳982.48m
Debt
| Interest coverage ratio | 0.9x |
| Cash | ৳181.57m |
| Equity | ৳201.72m |
| Total liabilities | ৳1.13b |
| Total assets | ৳1.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OIMEX's short term assets (BDT888.0M) do not cover its short term liabilities (BDT1.1B).
Long Term Liabilities: OIMEX's short term assets (BDT888.0M) exceed its long term liabilities (BDT45.5M).
Debt to Equity History and Analysis
Debt Level: OIMEX's net debt to equity ratio (397%) is considered high.
Reducing Debt: OIMEX's debt to equity ratio has increased from 22.6% to 487.1% 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 (0.9x coverage).