Bangladesh Autocars Balance Sheet Health
Financial Health criteria checks 6/6
Bangladesh Autocars has a total shareholder equity of BDT31.4M and total debt of BDT701.0K, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are BDT53.8M and BDT22.4M respectively. Bangladesh Autocars's EBIT is BDT796.0K making its interest coverage ratio -3.6. It has cash and short-term investments of BDT10.4M.
Key information
2.2%
Debt to equity ratio
৳701.00k
Debt
Interest coverage ratio | -3.6x |
Cash | ৳10.37m |
Equity | ৳31.36m |
Total liabilities | ৳22.43m |
Total assets | ৳53.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDAUTOCA's short term assets (BDT23.5M) exceed its short term liabilities (BDT16.7M).
Long Term Liabilities: BDAUTOCA's short term assets (BDT23.5M) exceed its long term liabilities (BDT5.7M).
Debt to Equity History and Analysis
Debt Level: BDAUTOCA has more cash than its total debt.
Reducing Debt: BDAUTOCA's debt to equity ratio has reduced from 100.2% to 2.2% over the past 5 years.
Debt Coverage: BDAUTOCA's debt is well covered by operating cash flow (455.6%).
Interest Coverage: BDAUTOCA earns more interest than it pays, so coverage of interest payments is not a concern.