Renuka Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Renuka Holdings has a total shareholder equity of LKR11.6B and total debt of LKR3.4B, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are LKR19.1B and LKR7.5B respectively.
Key information
29.7%
Debt to equity ratio
LK₨3.43b
Debt
Interest coverage ratio | n/a |
Cash | LK₨3.44b |
Equity | LK₨11.56b |
Total liabilities | LK₨7.49b |
Total assets | LK₨19.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RHL.N0000's short term assets (LKR8.2B) exceed its short term liabilities (LKR5.8B).
Long Term Liabilities: RHL.N0000's short term assets (LKR8.2B) exceed its long term liabilities (LKR1.7B).
Debt to Equity History and Analysis
Debt Level: RHL.N0000 has more cash than its total debt.
Reducing Debt: RHL.N0000's debt to equity ratio has increased from 18.7% to 29.7% over the past 5 years.
Debt Coverage: RHL.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RHL.N0000's interest payments on its debt are well covered by EBIT.