Bansei Royal Resorts Hikkaduwa Balance Sheet Health
Financial Health criteria checks 6/6
Bansei Royal Resorts Hikkaduwa has a total shareholder equity of LKR282.3M and total debt of LKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are LKR315.5M and LKR33.2M respectively. Bansei Royal Resorts Hikkaduwa's EBIT is LKR13.1M making its interest coverage ratio -0.7. It has cash and short-term investments of LKR10.7M.
Key information
0%
Debt to equity ratio
LK₨0
Debt
Interest coverage ratio | -0.7x |
Cash | LK₨10.75m |
Equity | LK₨282.31m |
Total liabilities | LK₨33.23m |
Total assets | LK₨315.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRR.N0000's short term assets (LKR128.7M) exceed its short term liabilities (LKR20.2M).
Long Term Liabilities: BRR.N0000's short term assets (LKR128.7M) exceed its long term liabilities (LKR13.0M).
Debt to Equity History and Analysis
Debt Level: BRR.N0000 is debt free.
Reducing Debt: BRR.N0000 had no debt 5 years ago.
Debt Coverage: BRR.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BRR.N0000 has no debt, therefore coverage of interest payments is not a concern.