Renuka Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Renuka Holdings has a total shareholder equity of LKR12.8B and total debt of LKR4.3B, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are LKR19.6B and LKR6.8B respectively.
Key information
33.4%
Debt to equity ratio
LK₨4.28b
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨3.45b |
| Equity | LK₨12.81b |
| Total liabilities | LK₨6.81b |
| Total assets | LK₨19.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RHL.N0000's short term assets (LKR8.6B) exceed its short term liabilities (LKR5.3B).
Long Term Liabilities: RHL.N0000's short term assets (LKR8.6B) exceed its long term liabilities (LKR1.5B).
Debt to Equity History and Analysis
Debt Level: RHL.N0000's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: RHL.N0000's debt to equity ratio has increased from 15.7% to 33.4% over the past 5 years.
Debt Coverage: RHL.N0000's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: Insufficient data to determine if RHL.N0000's interest payments on its debt are well covered by EBIT.