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Export Import Bank of Bangladesh (DHA:EXIMBANK) Financial Strength : 6 (As of Sep. 2023)


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What is Export Import Bank of Bangladesh Financial Strength?

Export Import Bank of Bangladesh has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate Export Import Bank of Bangladesh's interest coverage with the available data. Export Import Bank of Bangladesh's debt to revenue ratio for the quarter that ended in Sep. 2023 was 1.59. Altman Z-Score does not apply to banks and insurance companies.


Export Import Bank of Bangladesh Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Export Import Bank of Bangladesh's Interest Expense for the months ended in Sep. 2023 was BDT0 Mil. Its Operating Income for the months ended in Sep. 2023 was BDT0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was BDT16,600 Mil.

Export Import Bank of Bangladesh's Interest Coverage for the quarter that ended in Sep. 2023 is

GuruFocus does not calculate Export Import Bank of Bangladesh's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Export Import Bank of Bangladesh's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 16600) / 10469.028
=1.59

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Export Import Bank of Bangladesh  (DHA:EXIMBANK) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Export Import Bank of Bangladesh has the Financial Strength Rank of 6.


Export Import Bank of Bangladesh Financial Strength Related Terms

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Export Import Bank of Bangladesh (DHA:EXIMBANK) Business Description

Traded in Other Exchanges
N/A
Address
EXIM Bank Tower, Road No. 15, Plot No. 15, Block No. CWS (C), Gulshan-1, Dhaka, BGD, 1212
Export Import Bank of Bangladesh Ltd provides commercial banking. Its services include mobilizing deposits, providing investment facilities, discounting bills, conducting money transfer, foreign exchange transactions and services like safe keeping, issuing guarantees, acceptances and letters of credit etc.