Sonali Paper & Board Mills Balance Sheet Health
Financial Health criteria checks 4/6
Sonali Paper & Board Mills has a total shareholder equity of BDT5.4B and total debt of BDT1.2B, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are BDT7.0B and BDT1.7B respectively. Sonali Paper & Board Mills's EBIT is BDT261.6M making its interest coverage ratio 6.7. It has cash and short-term investments of BDT797.5M.
Key information
23.1%
Debt to equity ratio
৳1.24b
Debt
| Interest coverage ratio | 6.7x |
| Cash | ৳797.48m |
| Equity | ৳5.36b |
| Total liabilities | ৳1.66b |
| Total assets | ৳7.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SONALIPAPR's short term assets (BDT1.2B) do not cover its short term liabilities (BDT1.3B).
Long Term Liabilities: SONALIPAPR's short term assets (BDT1.2B) exceed its long term liabilities (BDT347.5M).
Debt to Equity History and Analysis
Debt Level: SONALIPAPR's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SONALIPAPR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SONALIPAPR's debt is well covered by operating cash flow (46.4%).
Interest Coverage: SONALIPAPR's interest payments on its debt are well covered by EBIT (6.7x coverage).