Renata Balance Sheet Health
Financial Health criteria checks 3/6
Renata has a total shareholder equity of BDT33.9B and total debt of BDT17.5B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are BDT56.7B and BDT22.8B respectively. Renata's EBIT is BDT5.1B making its interest coverage ratio 7.3. It has cash and short-term investments of BDT1.3B.
Key information
51.6%
Debt to equity ratio
৳17.48b
Debt
| Interest coverage ratio | 7.3x |
| Cash | ৳1.28b |
| Equity | ৳33.90b |
| Total liabilities | ৳22.82b |
| Total assets | ৳56.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RENATA's short term assets (BDT19.7B) exceed its short term liabilities (BDT14.4B).
Long Term Liabilities: RENATA's short term assets (BDT19.7B) exceed its long term liabilities (BDT8.4B).
Debt to Equity History and Analysis
Debt Level: RENATA's net debt to equity ratio (47.8%) is considered high.
Reducing Debt: RENATA's debt to equity ratio has increased from 14% to 51.6% over the past 5 years.
Debt Coverage: RENATA's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: RENATA's interest payments on its debt are well covered by EBIT (7.3x coverage).