Runner Automobiles Balance Sheet Health
Financial Health criteria checks 3/6
Runner Automobiles has a total shareholder equity of BDT8.1B and total debt of BDT13.4B, which brings its debt-to-equity ratio to 163.9%. Its total assets and total liabilities are BDT24.0B and BDT15.9B respectively. Runner Automobiles's EBIT is BDT587.4M making its interest coverage ratio 0.4. It has cash and short-term investments of BDT3.4B.
Key information
163.9%
Debt to equity ratio
৳13.35b
Debt
Interest coverage ratio | 0.4x |
Cash | ৳3.43b |
Equity | ৳8.15b |
Total liabilities | ৳15.89b |
Total assets | ৳24.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RUNNERAUTO's short term assets (BDT12.6B) exceed its short term liabilities (BDT8.2B).
Long Term Liabilities: RUNNERAUTO's short term assets (BDT12.6B) exceed its long term liabilities (BDT7.7B).
Debt to Equity History and Analysis
Debt Level: RUNNERAUTO's net debt to equity ratio (121.8%) is considered high.
Reducing Debt: RUNNERAUTO's debt to equity ratio has increased from 100.4% to 163.9% over the past 5 years.
Debt Coverage: RUNNERAUTO's debt is well covered by operating cash flow (30.7%).
Interest Coverage: RUNNERAUTO's interest payments on its debt are not well covered by EBIT (0.4x coverage).