Hela Apparel Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Hela Apparel Holdings has a total shareholder equity of LKR4.9B and total debt of LKR30.9B, which brings its debt-to-equity ratio to 635.4%. Its total assets and total liabilities are LKR51.7B and LKR46.8B respectively.
Key information
635.4%
Debt to equity ratio
LK₨30.89b
Debt
Interest coverage ratio | n/a |
Cash | LK₨3.25b |
Equity | LK₨4.86b |
Total liabilities | LK₨46.80b |
Total assets | LK₨51.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HELA.N0000's short term assets (LKR25.4B) do not cover its short term liabilities (LKR38.3B).
Long Term Liabilities: HELA.N0000's short term assets (LKR25.4B) exceed its long term liabilities (LKR8.5B).
Debt to Equity History and Analysis
Debt Level: HELA.N0000's net debt to equity ratio (568.6%) is considered high.
Reducing Debt: Insufficient data to determine if HELA.N0000's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HELA.N0000 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HELA.N0000 has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.6% each year.