Aitken Spence Hotel Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Aitken Spence Hotel Holdings has a total shareholder equity of LKR30.1B and total debt of LKR40.2B, which brings its debt-to-equity ratio to 133.4%. Its total assets and total liabilities are LKR95.1B and LKR65.0B respectively. Aitken Spence Hotel Holdings's EBIT is LKR9.1B making its interest coverage ratio 1.8. It has cash and short-term investments of LKR7.8B.
Key information
133.4%
Debt to equity ratio
LK₨40.20b
Debt
| Interest coverage ratio | 1.8x |
| Cash | LK₨7.82b |
| Equity | LK₨30.13b |
| Total liabilities | LK₨64.96b |
| Total assets | LK₨95.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AHUN.N0000's short term assets (LKR12.4B) do not cover its short term liabilities (LKR22.3B).
Long Term Liabilities: AHUN.N0000's short term assets (LKR12.4B) do not cover its long term liabilities (LKR42.7B).
Debt to Equity History and Analysis
Debt Level: AHUN.N0000's net debt to equity ratio (107.5%) is considered high.
Reducing Debt: AHUN.N0000's debt to equity ratio has increased from 97.4% to 133.4% over the past 5 years.
Debt Coverage: AHUN.N0000's debt is well covered by operating cash flow (21.3%).
Interest Coverage: AHUN.N0000's interest payments on its debt are not well covered by EBIT (1.8x coverage).