Asian Hotels and Properties Balance Sheet Health
Financial Health criteria checks 2/6
Asian Hotels and Properties has a total shareholder equity of LKR32.2B and total debt of LKR2.3B, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are LKR46.5B and LKR14.3B respectively. Asian Hotels and Properties's EBIT is LKR488.8M making its interest coverage ratio 1.5. It has cash and short-term investments of LKR376.7M.
Key information
7.1%
Debt to equity ratio
LK₨2.29b
Debt
Interest coverage ratio | 1.5x |
Cash | LK₨376.69m |
Equity | LK₨32.17b |
Total liabilities | LK₨14.34b |
Total assets | LK₨46.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AHPL.N0000's short term assets (LKR2.2B) do not cover its short term liabilities (LKR5.0B).
Long Term Liabilities: AHPL.N0000's short term assets (LKR2.2B) do not cover its long term liabilities (LKR9.4B).
Debt to Equity History and Analysis
Debt Level: AHPL.N0000's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: AHPL.N0000's debt to equity ratio has increased from 1.6% to 7.1% over the past 5 years.
Debt Coverage: AHPL.N0000's debt is well covered by operating cash flow (27.5%).
Interest Coverage: AHPL.N0000's interest payments on its debt are not well covered by EBIT (1.5x coverage).