Active Fine Chemicals Balance Sheet Health
Financial Health criteria checks 2/6
Active Fine Chemicals has a total shareholder equity of BDT5.3B and total debt of BDT3.3B, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are BDT9.3B and BDT3.9B respectively. Active Fine Chemicals's EBIT is BDT170.3M making its interest coverage ratio 0.6. It has cash and short-term investments of BDT569.5M.
Key information
62.9%
Debt to equity ratio
৳3.34b
Debt
Interest coverage ratio | 0.6x |
Cash | ৳569.52m |
Equity | ৳5.32b |
Total liabilities | ৳3.94b |
Total assets | ৳9.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACTIVEFINE's short term assets (BDT5.0B) exceed its short term liabilities (BDT3.7B).
Long Term Liabilities: ACTIVEFINE's short term assets (BDT5.0B) exceed its long term liabilities (BDT215.2M).
Debt to Equity History and Analysis
Debt Level: ACTIVEFINE's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: ACTIVEFINE's debt to equity ratio has increased from 30.6% to 62.9% over the past 5 years.
Debt Coverage: ACTIVEFINE's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: ACTIVEFINE's interest payments on its debt are not well covered by EBIT (0.6x coverage).