Bangladesh Autocars Balance Sheet Health
Financial Health criteria checks 5/6
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 BDT52.4M and BDT21.0M respectively. Bangladesh Autocars's EBIT is BDT850.5K making its interest coverage ratio -7.7. It has cash and short-term investments of BDT7.9M.
Key information
2.2%
Debt to equity ratio
৳701.00k
Debt
| Interest coverage ratio | -7.7x |
| Cash | ৳7.90m |
| Equity | ৳31.44m |
| Total liabilities | ৳20.99m |
| Total assets | ৳52.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDAUTOCA's short term assets (BDT21.6M) exceed its short term liabilities (BDT15.4M).
Long Term Liabilities: BDAUTOCA's short term assets (BDT21.6M) exceed its long term liabilities (BDT5.6M).
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 82.2% to 2.2% over the past 5 years.
Debt Coverage: BDAUTOCA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BDAUTOCA earns more interest than it pays, so coverage of interest payments is not a concern.