Sonali Paper & Board Mills Balance Sheet Health
Financial Health criteria checks 5/6
Sonali Paper & Board Mills has a total shareholder equity of BDT5.6B and total debt of BDT1.3B, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are BDT7.4B and BDT1.7B respectively. Sonali Paper & Board Mills's EBIT is BDT201.6M making its interest coverage ratio 3.1. It has cash and short-term investments of BDT891.2M.
Key information
23.3%
Debt to equity ratio
৳1.31b
Debt
Interest coverage ratio | 3.1x |
Cash | ৳891.20m |
Equity | ৳5.62b |
Total liabilities | ৳1.74b |
Total assets | ৳7.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SONALIPAPR's short term assets (BDT1.5B) exceed its short term liabilities (BDT1.3B).
Long Term Liabilities: SONALIPAPR's short term assets (BDT1.5B) exceed its long term liabilities (BDT398.4M).
Debt to Equity History and Analysis
Debt Level: SONALIPAPR's net debt to equity ratio (7.4%) 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 (33.7%).
Interest Coverage: SONALIPAPR's interest payments on its debt are well covered by EBIT (3.1x coverage).