Bangladesh Submarine Cables Balance Sheet Health
Financial Health criteria checks 6/6
Bangladesh Submarine Cables has a total shareholder equity of BDT15.2B and total debt of BDT4.1B, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are BDT21.9B and BDT6.8B respectively. Bangladesh Submarine Cables's EBIT is BDT2.9B making its interest coverage ratio -21.1. It has cash and short-term investments of BDT4.7B.
Key information
27.2%
Debt to equity ratio
৳4.13b
Debt
| Interest coverage ratio | -21.1x |
| Cash | ৳4.66b |
| Equity | ৳15.20b |
| Total liabilities | ৳6.75b |
| Total assets | ৳21.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BSCPLC's short term assets (BDT8.6B) exceed its short term liabilities (BDT1.8B).
Long Term Liabilities: BSCPLC's short term assets (BDT8.6B) exceed its long term liabilities (BDT5.0B).
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 46.6% to 27.2% over the past 5 years.
Debt Coverage: BSCPLC's debt is well covered by operating cash flow (70.8%).
Interest Coverage: BSCPLC earns more interest than it pays, so coverage of interest payments is not a concern.