Runner Automobiles Balance Sheet Health
Financial Health criteria checks 2/6
Runner Automobiles has a total shareholder equity of BDT9.0B and total debt of BDT12.3B, which brings its debt-to-equity ratio to 137.5%. Its total assets and total liabilities are BDT24.2B and BDT15.2B respectively. Runner Automobiles's EBIT is BDT1.7B making its interest coverage ratio 1.2. It has cash and short-term investments of BDT2.5B.
Key information
137.5%
Debt to equity ratio
৳12.34b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ৳2.46b |
| Equity | ৳8.98b |
| Total liabilities | ৳15.17b |
| Total assets | ৳24.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RUNNERAUTO's short term assets (BDT11.9B) exceed its short term liabilities (BDT7.6B).
Long Term Liabilities: RUNNERAUTO's short term assets (BDT11.9B) exceed its long term liabilities (BDT7.6B).
Debt to Equity History and Analysis
Debt Level: RUNNERAUTO's net debt to equity ratio (110%) is considered high.
Reducing Debt: RUNNERAUTO's debt to equity ratio has increased from 87% to 137.5% over the past 5 years.
Debt Coverage: RUNNERAUTO's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: RUNNERAUTO's interest payments on its debt are not well covered by EBIT (1.2x coverage).