AFC Agro Biotech Balance Sheet Health
Financial Health criteria checks 3/6
AFC Agro Biotech has a total shareholder equity of BDT2.1B and total debt of BDT390.6M, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are BDT2.6B and BDT475.4M respectively. AFC Agro Biotech's EBIT is BDT36.4M making its interest coverage ratio 1. It has cash and short-term investments of BDT97.0M.
Key information
18.5%
Debt to equity ratio
৳390.59m
Debt
Interest coverage ratio | 1x |
Cash | ৳96.98m |
Equity | ৳2.11b |
Total liabilities | ৳475.41m |
Total assets | ৳2.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFCAGRO's short term assets (BDT1.4B) exceed its short term liabilities (BDT236.9M).
Long Term Liabilities: AFCAGRO's short term assets (BDT1.4B) exceed its long term liabilities (BDT238.5M).
Debt to Equity History and Analysis
Debt Level: AFCAGRO's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: AFCAGRO's debt to equity ratio has increased from 6.4% to 18.5% over the past 5 years.
Debt Coverage: AFCAGRO's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: AFCAGRO's interest payments on its debt are not well covered by EBIT (1x coverage).