Regnis (Lanka) Balance Sheet Health
Financial Health criteria checks 2/6
Regnis (Lanka) has a total shareholder equity of LKR1.7B and total debt of LKR1.3B, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are LKR5.7B and LKR4.0B respectively. Regnis (Lanka)'s EBIT is LKR4.0M making its interest coverage ratio 0.1. It has cash and short-term investments of LKR6.9M.
Key information
73.6%
Debt to equity ratio
LK₨1.29b
Debt
| Interest coverage ratio | 0.09x |
| Cash | LK₨6.88m |
| Equity | LK₨1.75b |
| Total liabilities | LK₨3.99b |
| Total assets | LK₨5.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REG.N0000's short term assets (LKR4.5B) exceed its short term liabilities (LKR3.6B).
Long Term Liabilities: REG.N0000's short term assets (LKR4.5B) exceed its long term liabilities (LKR393.1M).
Debt to Equity History and Analysis
Debt Level: REG.N0000's net debt to equity ratio (73.2%) is considered high.
Reducing Debt: REG.N0000's debt to equity ratio has increased from 48.6% to 73.6% over the past 5 years.
Debt Coverage: REG.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: REG.N0000's interest payments on its debt are not well covered by EBIT (0.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/02/07 21:45 |
| End of Day Share Price | 2024/02/06 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Regnis (Lanka) PLC is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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