Alpha Fire Services Balance Sheet Health
Financial Health criteria checks 5/6
Alpha Fire Services has a total shareholder equity of LKR147.0M and total debt of LKR41.3M, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are LKR256.2M and LKR109.1M respectively. Alpha Fire Services's EBIT is LKR45.1M making its interest coverage ratio 5.5. It has cash and short-term investments of LKR15.4M.
Key information
28.1%
Debt to equity ratio
LK₨41.32m
Debt
Interest coverage ratio | 5.5x |
Cash | LK₨15.43m |
Equity | LK₨147.03m |
Total liabilities | LK₨109.13m |
Total assets | LK₨256.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFS.N0000's short term assets (LKR152.5M) exceed its short term liabilities (LKR87.4M).
Long Term Liabilities: AFS.N0000's short term assets (LKR152.5M) exceed its long term liabilities (LKR21.7M).
Debt to Equity History and Analysis
Debt Level: AFS.N0000's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AFS.N0000's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AFS.N0000's debt is well covered by operating cash flow (90.6%).
Interest Coverage: AFS.N0000's interest payments on its debt are well covered by EBIT (5.5x coverage).