Runner Automobiles PLC

DSE:RUNNERAUTO Stock Report

Market Cap: ৳2.6b

Runner Automobiles Balance Sheet Health

Financial Health criteria checks 3/6

Runner Automobiles has a total shareholder equity of BDT8.0B and total debt of BDT12.8B, which brings its debt-to-equity ratio to 160.6%. Its total assets and total liabilities are BDT23.4B and BDT15.4B respectively. Runner Automobiles's EBIT is BDT650.7M making its interest coverage ratio 0.5. It has cash and short-term investments of BDT2.5B.

Key information

160.6%

Debt to equity ratio

৳12.84b

Debt

Interest coverage ratio0.5x
Cash৳2.51b
Equity৳7.99b
Total liabilities৳15.41b
Total assets৳23.41b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: RUNNERAUTO's short term assets (BDT12.5B) exceed its short term liabilities (BDT8.5B).

Long Term Liabilities: RUNNERAUTO's short term assets (BDT12.5B) exceed its long term liabilities (BDT6.9B).


Debt to Equity History and Analysis

Debt Level: RUNNERAUTO's net debt to equity ratio (129.2%) is considered high.

Reducing Debt: RUNNERAUTO's debt to equity ratio has increased from 99.5% to 160.6% over the past 5 years.

Debt Coverage: RUNNERAUTO's debt is well covered by operating cash flow (33.9%).

Interest Coverage: RUNNERAUTO's interest payments on its debt are not well covered by EBIT (0.5x coverage).


Balance Sheet


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