Navana CNG Balance Sheet Health
Financial Health criteria checks 1/6
Navana CNG has a total shareholder equity of BDT2.4B and total debt of BDT11.0B, which brings its debt-to-equity ratio to 464.7%. Its total assets and total liabilities are BDT14.2B and BDT11.9B respectively. Navana CNG's EBIT is BDT524.5M making its interest coverage ratio 0.9. It has cash and short-term investments of BDT201.3M.
Key information
464.7%
Debt to equity ratio
৳10.96b
Debt
Interest coverage ratio | 0.9x |
Cash | ৳201.29m |
Equity | ৳2.36b |
Total liabilities | ৳11.88b |
Total assets | ৳14.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAVANACNG's short term assets (BDT7.2B) exceed its short term liabilities (BDT3.1B).
Long Term Liabilities: NAVANACNG's short term assets (BDT7.2B) do not cover its long term liabilities (BDT8.8B).
Debt to Equity History and Analysis
Debt Level: NAVANACNG's net debt to equity ratio (456.2%) is considered high.
Reducing Debt: NAVANACNG's debt to equity ratio has increased from 314.5% to 464.7% over the past 5 years.
Debt Coverage: NAVANACNG's debt is not well covered by operating cash flow (0.06%).
Interest Coverage: NAVANACNG's interest payments on its debt are not well covered by EBIT (0.9x coverage).