Baraka Power Balance Sheet Health
Financial Health criteria checks 5/6
Baraka Power has a total shareholder equity of BDT5.1B and total debt of BDT1.1B, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are BDT7.3B and BDT2.3B respectively. Baraka Power's EBIT is BDT467.7M making its interest coverage ratio 4.5. It has cash and short-term investments of BDT219.3M.
Key information
22.6%
Debt to equity ratio
৳1.14b
Debt
Interest coverage ratio | 4.5x |
Cash | ৳219.31m |
Equity | ৳5.07b |
Total liabilities | ৳2.27b |
Total assets | ৳7.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BARKAPOWER's short term assets (BDT2.7B) exceed its short term liabilities (BDT2.1B).
Long Term Liabilities: BARKAPOWER's short term assets (BDT2.7B) exceed its long term liabilities (BDT188.2M).
Debt to Equity History and Analysis
Debt Level: BARKAPOWER's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: BARKAPOWER's debt to equity ratio has reduced from 70.1% to 22.6% over the past 5 years.
Debt Coverage: BARKAPOWER's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BARKAPOWER's interest payments on its debt are well covered by EBIT (4.5x coverage).