Salvo Chemical Industry Balance Sheet Health
Financial Health criteria checks 2/6
Salvo Chemical Industry has a total shareholder equity of BDT1.1B and total debt of BDT1.0B, which brings its debt-to-equity ratio to 95.6%. Its total assets and total liabilities are BDT2.9B and BDT1.8B respectively. Salvo Chemical Industry's EBIT is BDT156.7M making its interest coverage ratio 1.5. It has cash and short-term investments of BDT142.1M.
Key information
95.6%
Debt to equity ratio
৳1.02b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ৳142.13m |
| Equity | ৳1.07b |
| Total liabilities | ৳1.82b |
| Total assets | ৳2.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SALVOCHEM's short term assets (BDT795.1M) do not cover its short term liabilities (BDT1.2B).
Long Term Liabilities: SALVOCHEM's short term assets (BDT795.1M) exceed its long term liabilities (BDT603.6M).
Debt to Equity History and Analysis
Debt Level: SALVOCHEM's net debt to equity ratio (82.3%) is considered high.
Reducing Debt: SALVOCHEM's debt to equity ratio has increased from 82.6% to 95.6% over the past 5 years.
Debt Coverage: SALVOCHEM's debt is well covered by operating cash flow (38.2%).
Interest Coverage: SALVOCHEM's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:49 |
| End of Day Share Price | 2024/12/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Salvo Chemical Industry Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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