RAK Ceramics (Bangladesh) Balance Sheet Health
Financial Health criteria checks 5/6
RAK Ceramics (Bangladesh) has a total shareholder equity of BDT7.8B and total debt of BDT1.1B, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are BDT16.1B and BDT8.3B respectively. RAK Ceramics (Bangladesh)'s EBIT is BDT859.3M making its interest coverage ratio 82.8. It has cash and short-term investments of BDT842.0M.
Key information
14.0%
Debt to equity ratio
৳1.10b
Debt
Interest coverage ratio | 82.8x |
Cash | ৳842.00m |
Equity | ৳7.83b |
Total liabilities | ৳8.25b |
Total assets | ৳16.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAKCERAMIC's short term assets (BDT11.5B) exceed its short term liabilities (BDT7.8B).
Long Term Liabilities: RAKCERAMIC's short term assets (BDT11.5B) exceed its long term liabilities (BDT458.9M).
Debt to Equity History and Analysis
Debt Level: RAKCERAMIC's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: RAKCERAMIC's debt to equity ratio has increased from 5.7% to 14% over the past 5 years.
Debt Coverage: RAKCERAMIC's debt is well covered by operating cash flow (29.1%).
Interest Coverage: RAKCERAMIC's interest payments on its debt are well covered by EBIT (82.8x coverage).