IFAD Autos Balance Sheet Health
Financial Health criteria checks 3/6
IFAD Autos has a total shareholder equity of BDT9.8B and total debt of BDT6.8B, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are BDT40.5B and BDT30.7B respectively. IFAD Autos's EBIT is BDT376.3M making its interest coverage ratio 1.7. It has cash and short-term investments of BDT2.2B.
Key information
69.3%
Debt to equity ratio
৳6.80b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ৳2.17b |
| Equity | ৳9.82b |
| Total liabilities | ৳30.68b |
| Total assets | ৳40.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IFADAUTOS's short term assets (BDT34.4B) exceed its short term liabilities (BDT15.4B).
Long Term Liabilities: IFADAUTOS's short term assets (BDT34.4B) exceed its long term liabilities (BDT15.3B).
Debt to Equity History and Analysis
Debt Level: IFADAUTOS's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: IFADAUTOS's debt to equity ratio has reduced from 70.4% to 69.3% over the past 5 years.
Debt Coverage: IFADAUTOS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IFADAUTOS's interest payments on its debt are not well covered by EBIT (1.7x coverage).