Daffodil Computers Balance Sheet Health
Financial Health criteria checks 2/6
Daffodil Computers has a total shareholder equity of BDT676.3M and total debt of BDT265.0M, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are BDT1.5B and BDT829.3M respectively. Daffodil Computers's EBIT is BDT52.5M making its interest coverage ratio 1.6. It has cash and short-term investments of BDT46.2M.
Key information
39.2%
Debt to equity ratio
৳265.02m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ৳46.24m |
| Equity | ৳676.26m |
| Total liabilities | ৳829.31m |
| Total assets | ৳1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAFODILCOM's short term assets (BDT579.0M) do not cover its short term liabilities (BDT829.3M).
Long Term Liabilities: DAFODILCOM's short term assets (BDT579.0M) do not cover its long term liabilities (BDT-1.0).
Debt to Equity History and Analysis
Debt Level: DAFODILCOM's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: DAFODILCOM's debt to equity ratio has increased from 5.4% to 39.2% over the past 5 years.
Debt Coverage: DAFODILCOM's debt is well covered by operating cash flow (71.3%).
Interest Coverage: DAFODILCOM's interest payments on its debt are not well covered by EBIT (1.6x coverage).