Lub-rref (Bangladesh) Balance Sheet Health
Financial Health criteria checks 3/6
Lub-rref (Bangladesh) has a total shareholder equity of BDT5.6B and total debt of BDT2.8B, which brings its debt-to-equity ratio to 49.4%. Its total assets and total liabilities are BDT9.0B and BDT3.5B respectively. Lub-rref (Bangladesh)'s EBIT is BDT153.7M making its interest coverage ratio 1.4. It has cash and short-term investments of BDT589.5M.
Key information
49.4%
Debt to equity ratio
৳2.76b
Debt
Interest coverage ratio | 1.4x |
Cash | ৳589.53m |
Equity | ৳5.58b |
Total liabilities | ৳3.46b |
Total assets | ৳9.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LRBDL's short term assets (BDT2.4B) exceed its short term liabilities (BDT1.4B).
Long Term Liabilities: LRBDL's short term assets (BDT2.4B) exceed its long term liabilities (BDT2.1B).
Debt to Equity History and Analysis
Debt Level: LRBDL's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: LRBDL's debt to equity ratio has increased from 44.7% to 49.4% over the past 5 years.
Debt Coverage: LRBDL's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: LRBDL's interest payments on its debt are not well covered by EBIT (1.4x coverage).