Doreen Power Generations and Systems Balance Sheet Health
Financial Health criteria checks 4/6
Doreen Power Generations and Systems has a total shareholder equity of BDT9.6B and total debt of BDT17.6B, which brings its debt-to-equity ratio to 182.2%. Its total assets and total liabilities are BDT29.3B and BDT19.6B respectively. Doreen Power Generations and Systems's EBIT is BDT3.3B making its interest coverage ratio 1.5. It has cash and short-term investments of BDT52.8M.
Key information
182.2%
Debt to equity ratio
৳17.57b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ৳52.82m |
| Equity | ৳9.64b |
| Total liabilities | ৳19.62b |
| Total assets | ৳29.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DOREENPWR's short term assets (BDT15.1B) exceed its short term liabilities (BDT13.3B).
Long Term Liabilities: DOREENPWR's short term assets (BDT15.1B) exceed its long term liabilities (BDT6.4B).
Debt to Equity History and Analysis
Debt Level: DOREENPWR's net debt to equity ratio (181.6%) is considered high.
Reducing Debt: DOREENPWR's debt to equity ratio has reduced from 196.2% to 182.2% over the past 5 years.
Debt Coverage: DOREENPWR's debt is well covered by operating cash flow (21.1%).
Interest Coverage: DOREENPWR's interest payments on its debt are not well covered by EBIT (1.5x coverage).