Printcare Balance Sheet Health
Financial Health criteria checks 5/6
Printcare has a total shareholder equity of LKR6.8B and total debt of LKR4.0B, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are LKR14.1B and LKR7.3B respectively. Printcare's EBIT is LKR991.5M making its interest coverage ratio 1.9. It has cash and short-term investments of LKR2.0B.
Key information
58.6%
Debt to equity ratio
LK₨3.98b
Debt
Interest coverage ratio | 1.9x |
Cash | LK₨2.02b |
Equity | LK₨6.78b |
Total liabilities | LK₨7.29b |
Total assets | LK₨14.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CARE.N0000's short term assets (LKR8.9B) exceed its short term liabilities (LKR5.0B).
Long Term Liabilities: CARE.N0000's short term assets (LKR8.9B) exceed its long term liabilities (LKR2.3B).
Debt to Equity History and Analysis
Debt Level: CARE.N0000's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: CARE.N0000's debt to equity ratio has reduced from 83.3% to 58.6% over the past 5 years.
Debt Coverage: CARE.N0000's debt is well covered by operating cash flow (66.8%).
Interest Coverage: CARE.N0000's interest payments on its debt are not well covered by EBIT (1.9x coverage).