Reckitt Benckiser (Bangladesh) Balance Sheet Health
Financial Health criteria checks 5/6
Reckitt Benckiser (Bangladesh) has a total shareholder equity of BDT1.2B and total debt of BDT31.0M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are BDT4.5B and BDT3.3B respectively. Reckitt Benckiser (Bangladesh)'s EBIT is BDT1.1B making its interest coverage ratio 77.6. It has cash and short-term investments of BDT2.9B.
Key information
2.6%
Debt to equity ratio
৳30.99m
Debt
Interest coverage ratio | 77.6x |
Cash | ৳2.92b |
Equity | ৳1.19b |
Total liabilities | ৳3.30b |
Total assets | ৳4.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RECKITTBEN's short term assets (BDT3.7B) exceed its short term liabilities (BDT3.1B).
Long Term Liabilities: RECKITTBEN's short term assets (BDT3.7B) exceed its long term liabilities (BDT177.0M).
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 2.6% over the past 5 years.
Debt Coverage: RECKITTBEN's debt is well covered by operating cash flow (3772.2%).
Interest Coverage: RECKITTBEN's interest payments on its debt are well covered by EBIT (77.6x coverage).