Rahima Food Balance Sheet Health
Financial Health criteria checks 4/6
Rahima Food has a total shareholder equity of BDT196.8M and total debt of BDT69.9M, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are BDT330.5M and BDT133.6M respectively. Rahima Food's EBIT is BDT25.2M making its interest coverage ratio -33.2. It has cash and short-term investments of BDT30.9M.
Key information
35.5%
Debt to equity ratio
৳69.91m
Debt
Interest coverage ratio | -33.2x |
Cash | ৳30.87m |
Equity | ৳196.81m |
Total liabilities | ৳133.64m |
Total assets | ৳330.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAHIMAFOOD's short term assets (BDT114.7M) exceed its short term liabilities (BDT107.3M).
Long Term Liabilities: RAHIMAFOOD's short term assets (BDT114.7M) exceed its long term liabilities (BDT26.3M).
Debt to Equity History and Analysis
Debt Level: RAHIMAFOOD's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: RAHIMAFOOD's debt to equity ratio has increased from 9.3% to 35.5% over the past 5 years.
Debt Coverage: RAHIMAFOOD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RAHIMAFOOD earns more interest than it pays, so coverage of interest payments is not a concern.