John Keells Holdings Balance Sheet Health
Financial Health criteria checks 3/6
John Keells Holdings has a total shareholder equity of LKR358.7B and total debt of LKR240.6B, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are LKR771.8B and LKR413.1B respectively. John Keells Holdings's EBIT is LKR15.6B making its interest coverage ratio 3.9. It has cash and short-term investments of LKR101.5B.
Key information
67.1%
Debt to equity ratio
LK₨240.58b
Debt
Interest coverage ratio | 3.9x |
Cash | LK₨101.51b |
Equity | LK₨358.74b |
Total liabilities | LK₨413.07b |
Total assets | LK₨771.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JKH.N0000's short term assets (LKR180.3B) exceed its short term liabilities (LKR130.8B).
Long Term Liabilities: JKH.N0000's short term assets (LKR180.3B) do not cover its long term liabilities (LKR282.2B).
Debt to Equity History and Analysis
Debt Level: JKH.N0000's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: JKH.N0000's debt to equity ratio has increased from 16.2% to 67.1% over the past 5 years.
Debt Coverage: JKH.N0000's debt is not well covered by operating cash flow (9%).
Interest Coverage: JKH.N0000's interest payments on its debt are well covered by EBIT (3.9x coverage).