Shahjibazar Power Balance Sheet Health
Financial Health criteria checks 6/6
Shahjibazar Power has a total shareholder equity of BDT7.7B and total debt of BDT2.6B, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are BDT11.6B and BDT3.9B respectively. Shahjibazar Power's EBIT is BDT2.3B making its interest coverage ratio 6. It has cash and short-term investments of BDT293.6M.
Key information
34.2%
Debt to equity ratio
৳2.63b
Debt
| Interest coverage ratio | 6x |
| Cash | ৳293.56m |
| Equity | ৳7.68b |
| Total liabilities | ৳3.89b |
| Total assets | ৳11.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPCL's short term assets (BDT5.0B) exceed its short term liabilities (BDT3.5B).
Long Term Liabilities: SPCL's short term assets (BDT5.0B) exceed its long term liabilities (BDT404.0M).
Debt to Equity History and Analysis
Debt Level: SPCL's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: SPCL's debt to equity ratio has reduced from 69.8% to 34.2% over the past 5 years.
Debt Coverage: SPCL's debt is well covered by operating cash flow (73.8%).
Interest Coverage: SPCL's interest payments on its debt are well covered by EBIT (6x coverage).