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 ratio | 0.5x |
| 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).