Bangladesh Submarine Cables Balance Sheet Health
Financial Health criteria checks 6/6
Bangladesh Submarine Cables has a total shareholder equity of BDT15.9B and total debt of BDT4.2B, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are BDT22.9B and BDT7.0B respectively. Bangladesh Submarine Cables's EBIT is BDT1.8B making its interest coverage ratio -6.5. It has cash and short-term investments of BDT5.0B.
Key information
26.4%
Debt to equity ratio
৳4.19b
Debt
| Interest coverage ratio | -6.5x |
| Cash | ৳5.04b |
| Equity | ৳15.90b |
| Total liabilities | ৳6.99b |
| Total assets | ৳22.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BSCPLC's short term assets (BDT9.1B) exceed its short term liabilities (BDT2.0B).
Long Term Liabilities: BSCPLC's short term assets (BDT9.1B) exceed its long term liabilities (BDT4.9B).
Debt to Equity History and Analysis
Debt Level: BSCPLC has more cash than its total debt.
Reducing Debt: BSCPLC's debt to equity ratio has reduced from 42.9% to 26.4% over the past 5 years.
Debt Coverage: BSCPLC's debt is well covered by operating cash flow (56.4%).
Interest Coverage: BSCPLC earns more interest than it pays, so coverage of interest payments is not a concern.