Summit Alliance Port Balance Sheet Health
Financial Health criteria checks 1/6
Summit Alliance Port has a total shareholder equity of BDT7.9B and total debt of BDT3.4B, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are BDT12.1B and BDT4.2B respectively. Summit Alliance Port's EBIT is BDT805.0M making its interest coverage ratio 2.9. It has cash and short-term investments of BDT167.4M.
Key information
43.0%
Debt to equity ratio
৳3.39b
Debt
Interest coverage ratio | 2.9x |
Cash | ৳167.42m |
Equity | ৳7.89b |
Total liabilities | ৳4.17b |
Total assets | ৳12.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAPORTL's short term assets (BDT888.7M) do not cover its short term liabilities (BDT1.9B).
Long Term Liabilities: SAPORTL's short term assets (BDT888.7M) do not cover its long term liabilities (BDT2.2B).
Debt to Equity History and Analysis
Debt Level: SAPORTL's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: SAPORTL's debt to equity ratio has reduced from 75.3% to 43% over the past 5 years.
Debt Coverage: SAPORTL's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: SAPORTL's interest payments on its debt are not well covered by EBIT (2.9x coverage).