IDLC Finance Ltd. is a non-bank financial institution in Bangladesh established in 1992. Some key details about the company include:
- It has 251 million shares with a face value of 10 Taka per share and a current market value of 57.30 Taka per share.
- Between 2011-2015, the company saw strong growth in total assets (24.62%), long term liabilities (24.88%), and term deposit balance (30.64%).
- The company's earnings per share has increased steadily from 1.99 Taka in 2012 to 5.81 Taka in 2016.
- While the company's debt to equity ratio has been rising between 6-8%, a ratio of 1
3. IDLC Finance Ltd. 3
Year- 1992
Number Of shares -251,367,187 (2015)
Face Value-Tk.10/share
Market Value-Tk.57.30 /share
Market Category – A
Market capitalization -Tk.14.3 B
4. Financial position 4
Financial
Performance
2011 2012 2013 2014 2015 Growth
Total assets 31,165 37,784 50,429 58,927 73,434.45 24.62%
Long term
liabilities 25,299 32,492 43,951 51,371 64,154.04 24.88%
Term deposit
balance 16,828 22,008 29,064 35,240 46,038.68 30.64%
BDT in million
7. EPS 7
YEAR EPS
2012 1.99
2013 2.48
2014 2.66
2015 4.95
2016 5.81
Year Net profit (in crores)
2014 290
2015 350
8. Debt to Equity Ratio 8
Year
Debt to Equity
Ratio 6.83 7.05 8.40 8.03 8.43
The data suggest it is not benefit to shareholders.
Ratio 1.0 to 1.5 is preferred
Increasing Debt/Equity Ratio suggests firm is doing BAD
& NOT Satisfactory for Shareholders
12. Bankruptcy 12
Year total value of asset
( in millions)
2011 31165
2012 37784
2013 50429
2014 58927
2015 73434
LESS CHANCE of Bankruptcy
13. Cost of Long Term Financing of IDLC 13
Net profit after taxation 1,459,224,581
Dividend percentage 25%
Total dividend paid 36,48,06145.3
** since the company has no long term loans**
