Asian Hotels and Properties Balance Sheet Health
Financial Health criteria checks 2/6
Asian Hotels and Properties has a total shareholder equity of LKR33.3B and total debt of LKR2.4B, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are LKR48.0B and LKR14.7B respectively. Asian Hotels and Properties's EBIT is LKR591.0M making its interest coverage ratio 2. It has cash and short-term investments of LKR181.9M.
Key information
7.3%
Debt to equity ratio
LK₨2.42b
Debt
| Interest coverage ratio | 2x |
| Cash | LK₨181.93m |
| Equity | LK₨33.29b |
| Total liabilities | LK₨14.74b |
| Total assets | LK₨48.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AHPL.N0000's short term assets (LKR1.8B) do not cover its short term liabilities (LKR4.7B).
Long Term Liabilities: AHPL.N0000's short term assets (LKR1.8B) do not cover its long term liabilities (LKR10.0B).
Debt to Equity History and Analysis
Debt Level: AHPL.N0000's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: AHPL.N0000's debt to equity ratio has increased from 1% to 7.3% over the past 5 years.
Debt Coverage: AHPL.N0000's debt is well covered by operating cash flow (41.9%).
Interest Coverage: AHPL.N0000's interest payments on its debt are not well covered by EBIT (2x coverage).