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 LKR2.8B, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are LKR17.8B and LKR6.2B respectively.
Key information
24.2%
Debt to equity ratio
LK₨2.80b
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨1.71b |
| Equity | LK₨11.57b |
| Total liabilities | LK₨6.20b |
| Total assets | LK₨17.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RHL.X0000's short term assets (LKR7.0B) exceed its short term liabilities (LKR4.6B).
Long Term Liabilities: RHL.X0000's short term assets (LKR7.0B) exceed its long term liabilities (LKR1.6B).
Debt to Equity History and Analysis
Debt Level: RHL.X0000's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: RHL.X0000's debt to equity ratio has increased from 17.2% to 24.2% over the past 5 years.
Debt Coverage: RHL.X0000's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: Insufficient data to determine if RHL.X0000's interest payments on its debt are well covered by EBIT.