Reckitt Benckiser (Bangladesh) Balance Sheet Health
Financial Health criteria checks 5/6
Reckitt Benckiser (Bangladesh) has a total shareholder equity of BDT1.4B and total debt of BDT332.5M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are BDT4.8B and BDT3.4B respectively. Reckitt Benckiser (Bangladesh)'s EBIT is BDT1.0B making its interest coverage ratio 48.3. It has cash and short-term investments of BDT3.3B.
Key information
23.2%
Debt to equity ratio
৳332.52m
Debt
| Interest coverage ratio | 48.3x |
| Cash | ৳3.28b |
| Equity | ৳1.43b |
| Total liabilities | ৳3.41b |
| Total assets | ৳4.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RECKITTBEN's short term assets (BDT4.1B) exceed its short term liabilities (BDT3.2B).
Long Term Liabilities: RECKITTBEN's short term assets (BDT4.1B) exceed its long term liabilities (BDT178.8M).
Debt to Equity History and Analysis
Debt Level: RECKITTBEN has more cash than its total debt.
Reducing Debt: RECKITTBEN's debt to equity ratio has increased from 0% to 23.2% over the past 5 years.
Debt Coverage: RECKITTBEN's debt is well covered by operating cash flow (159.8%).
Interest Coverage: RECKITTBEN's interest payments on its debt are well covered by EBIT (48.3x coverage).