Daffodil Computers Balance Sheet Health
Financial Health criteria checks 3/6
Daffodil Computers has a total shareholder equity of BDT687.2M and total debt of BDT276.4M, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are BDT1.5B and BDT778.2M respectively. Daffodil Computers's EBIT is BDT47.6M making its interest coverage ratio 2.1. It has cash and short-term investments of BDT44.0M.
Key information
40.2%
Debt to equity ratio
৳276.44m
Debt
Interest coverage ratio | 2.1x |
Cash | ৳44.03m |
Equity | ৳687.18m |
Total liabilities | ৳778.19m |
Total assets | ৳1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAFODILCOM's short term assets (BDT532.8M) do not cover its short term liabilities (BDT778.2M).
Long Term Liabilities: DAFODILCOM's short term assets (BDT532.8M) exceed its long term liabilities (BDT1.0).
Debt to Equity History and Analysis
Debt Level: DAFODILCOM's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: DAFODILCOM's debt to equity ratio has increased from 4.1% to 40.2% over the past 5 years.
Debt Coverage: DAFODILCOM's debt is well covered by operating cash flow (87.7%).
Interest Coverage: DAFODILCOM's interest payments on its debt are not well covered by EBIT (2.1x coverage).