Vallibel One Balance Sheet Health
Financial Health criteria checks 4/6
Vallibel One has a total shareholder equity of LKR133.1B and total debt of LKR158.9B, which brings its debt-to-equity ratio to 119.4%. Its total assets and total liabilities are LKR320.3B and LKR187.2B respectively. Vallibel One's EBIT is LKR27.8B making its interest coverage ratio 10.4. It has cash and short-term investments of LKR28.2B.
Key information
119.4%
Debt to equity ratio
LK₨158.85b
Debt
Interest coverage ratio | 10.4x |
Cash | LK₨28.15b |
Equity | LK₨133.10b |
Total liabilities | LK₨187.22b |
Total assets | LK₨320.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VONE.N0000's short term assets (LKR219.5B) exceed its short term liabilities (LKR15.3B).
Long Term Liabilities: VONE.N0000's short term assets (LKR219.5B) exceed its long term liabilities (LKR172.0B).
Debt to Equity History and Analysis
Debt Level: VONE.N0000's net debt to equity ratio (98.2%) is considered high.
Reducing Debt: VONE.N0000's debt to equity ratio has reduced from 184.9% to 119.4% over the past 5 years.
Debt Coverage: VONE.N0000's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: VONE.N0000's interest payments on its debt are well covered by EBIT (10.4x coverage).