Printcare Balance Sheet Health
Financial Health criteria checks 2/6
Printcare has a total shareholder equity of LKR7.9B and total debt of LKR6.6B, which brings its debt-to-equity ratio to 84.1%. Its total assets and total liabilities are LKR18.9B and LKR11.0B respectively. Printcare's EBIT is LKR636.1M making its interest coverage ratio 1.2. It has cash and short-term investments of LKR1.8B.
Key information
84.1%
Debt to equity ratio
LK₨6.62b
Debt
| Interest coverage ratio | 1.2x |
| Cash | LK₨1.76b |
| Equity | LK₨7.88b |
| Total liabilities | LK₨11.04b |
| Total assets | LK₨18.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CARE.N0000's short term assets (LKR10.0B) exceed its short term liabilities (LKR6.6B).
Long Term Liabilities: CARE.N0000's short term assets (LKR10.0B) exceed its long term liabilities (LKR4.4B).
Debt to Equity History and Analysis
Debt Level: CARE.N0000's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: CARE.N0000's debt to equity ratio has increased from 72.5% to 84.1% over the past 5 years.
Debt Coverage: CARE.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CARE.N0000's interest payments on its debt are not well covered by EBIT (1.2x coverage).