S. Alam Cold Rolled Steels Balance Sheet Health
Financial Health criteria checks 1/6
S. Alam Cold Rolled Steels has a total shareholder equity of BDT1.9B and total debt of BDT19.2B, which brings its debt-to-equity ratio to 987%. Its total assets and total liabilities are BDT24.4B and BDT22.5B respectively. S. Alam Cold Rolled Steels's EBIT is BDT878.3M making its interest coverage ratio 1.4. It has cash and short-term investments of BDT865.0M.
Key information
987.0%
Debt to equity ratio
৳19.18b
Debt
Interest coverage ratio | 1.4x |
Cash | ৳865.01m |
Equity | ৳1.94b |
Total liabilities | ৳22.47b |
Total assets | ৳24.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SALAMCRST's short term assets (BDT20.1B) do not cover its short term liabilities (BDT22.2B).
Long Term Liabilities: SALAMCRST's short term assets (BDT20.1B) exceed its long term liabilities (BDT230.8M).
Debt to Equity History and Analysis
Debt Level: SALAMCRST's net debt to equity ratio (942.5%) is considered high.
Reducing Debt: SALAMCRST's debt to equity ratio has increased from 519.8% to 987% over the past 5 years.
Debt Coverage: SALAMCRST's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SALAMCRST's interest payments on its debt are not well covered by EBIT (1.4x coverage).