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 BDT374.9M, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are BDT1.8B and BDT541.0M respectively. Rangpur Dairy & Food Products's EBIT is BDT154.1M making its interest coverage ratio 4.3. It has cash and short-term investments of BDT42.1M.
Key information
29.4%
Debt to equity ratio
৳374.85m
Debt
| Interest coverage ratio | 4.3x |
| Cash | ৳42.05m |
| Equity | ৳1.28b |
| Total liabilities | ৳541.04m |
| Total assets | ৳1.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RDFOOD's short term assets (BDT806.2M) exceed its short term liabilities (BDT425.3M).
Long Term Liabilities: RDFOOD's short term assets (BDT806.2M) exceed its long term liabilities (BDT115.7M).
Debt to Equity History and Analysis
Debt Level: RDFOOD's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: RDFOOD's debt to equity ratio has increased from 9.1% to 29.4% over the past 5 years.
Debt Coverage: RDFOOD's debt is well covered by operating cash flow (23.5%).
Interest Coverage: RDFOOD's interest payments on its debt are well covered by EBIT (4.3x coverage).