Rangpur Dairy & Food Products Balance Sheet Health
Financial Health criteria checks 5/6
Rangpur Dairy & Food Products has a total shareholder equity of BDT1.3B and total debt of BDT335.1M, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are BDT1.8B and BDT485.7M respectively. Rangpur Dairy & Food Products's EBIT is BDT156.4M making its interest coverage ratio 5.1. It has cash and short-term investments of BDT35.1M.
Key information
26.3%
Debt to equity ratio
৳335.05m
Debt
Interest coverage ratio | 5.1x |
Cash | ৳35.13m |
Equity | ৳1.27b |
Total liabilities | ৳485.69m |
Total assets | ৳1.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RDFOOD's short term assets (BDT760.1M) exceed its short term liabilities (BDT373.7M).
Long Term Liabilities: RDFOOD's short term assets (BDT760.1M) exceed its long term liabilities (BDT112.0M).
Debt to Equity History and Analysis
Debt Level: RDFOOD's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: RDFOOD's debt to equity ratio has increased from 9.2% to 26.3% over the past 5 years.
Debt Coverage: RDFOOD's debt is well covered by operating cash flow (34.4%).
Interest Coverage: RDFOOD's interest payments on its debt are well covered by EBIT (5.1x coverage).