Renata Balance Sheet Health
Financial Health criteria checks 3/6
Renata has a total shareholder equity of BDT31.8B and total debt of BDT15.0B, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are BDT52.5B and BDT20.7B respectively. Renata's EBIT is BDT2.9B making its interest coverage ratio 5. It has cash and short-term investments of BDT1.5B.
Key information
47.0%
Debt to equity ratio
৳14.96b
Debt
Interest coverage ratio | 5x |
Cash | ৳1.52b |
Equity | ৳31.80b |
Total liabilities | ৳20.75b |
Total assets | ৳52.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RENATA's short term assets (BDT19.5B) exceed its short term liabilities (BDT15.3B).
Long Term Liabilities: RENATA's short term assets (BDT19.5B) exceed its long term liabilities (BDT5.4B).
Debt to Equity History and Analysis
Debt Level: RENATA's net debt to equity ratio (42.3%) is considered high.
Reducing Debt: RENATA's debt to equity ratio has increased from 7.8% to 47% over the past 5 years.
Debt Coverage: RENATA's debt is not well covered by operating cash flow (18%).
Interest Coverage: RENATA's interest payments on its debt are well covered by EBIT (5x coverage).