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 BDT11.2B, which brings its debt-to-equity ratio to 472.3%. Its total assets and total liabilities are BDT14.4B and BDT12.0B respectively. Navana CNG's EBIT is BDT538.1M making its interest coverage ratio 0.9. It has cash and short-term investments of BDT194.9M.
Key information
472.3%
Debt to equity ratio
৳11.16b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ৳194.93m |
| Equity | ৳2.36b |
| Total liabilities | ৳12.01b |
| Total assets | ৳14.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAVANACNG's short term assets (BDT7.4B) exceed its short term liabilities (BDT2.7B).
Long Term Liabilities: NAVANACNG's short term assets (BDT7.4B) do not cover its long term liabilities (BDT9.3B).
Debt to Equity History and Analysis
Debt Level: NAVANACNG's net debt to equity ratio (464%) is considered high.
Reducing Debt: NAVANACNG's debt to equity ratio has increased from 331.7% to 472.3% over the past 5 years.
Debt Coverage: NAVANACNG's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: NAVANACNG's interest payments on its debt are not well covered by EBIT (0.9x coverage).