Power Grid Company of Bangladesh Balance Sheet Health
Financial Health criteria checks 1/6
Power Grid Company of Bangladesh has a total shareholder equity of BDT123.7B and total debt of BDT449.5B, which brings its debt-to-equity ratio to 363.5%. Its total assets and total liabilities are BDT614.3B and BDT490.6B respectively. Power Grid Company of Bangladesh's EBIT is BDT9.6B making its interest coverage ratio 1.7. It has cash and short-term investments of BDT20.7B.
Key information
363.5%
Debt to equity ratio
৳449.53b
Debt
Interest coverage ratio | 1.7x |
Cash | ৳20.66b |
Equity | ৳123.66b |
Total liabilities | ৳490.60b |
Total assets | ৳614.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POWERGRID's short term assets (BDT78.6B) exceed its short term liabilities (BDT34.3B).
Long Term Liabilities: POWERGRID's short term assets (BDT78.6B) do not cover its long term liabilities (BDT456.3B).
Debt to Equity History and Analysis
Debt Level: POWERGRID's net debt to equity ratio (346.8%) is considered high.
Reducing Debt: POWERGRID's debt to equity ratio has increased from 233.7% to 363.5% over the past 5 years.
Debt Coverage: POWERGRID's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: POWERGRID's interest payments on its debt are not well covered by EBIT (1.7x coverage).