Hikkaduwa Beach Resort Balance Sheet Health
Financial Health criteria checks 0/6
Hikkaduwa Beach Resort has a total shareholder equity of LKR4.6B and total debt of LKR3.2B, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are LKR10.4B and LKR5.7B respectively. Hikkaduwa Beach Resort's EBIT is LKR107.2M making its interest coverage ratio 0.2. It has cash and short-term investments of LKR81.3M.
Key information
69.5%
Debt to equity ratio
LK₨3.23b
Debt
| Interest coverage ratio | 0.2x |
| Cash | LK₨81.28m |
| Equity | LK₨4.64b |
| Total liabilities | LK₨5.72b |
| Total assets | LK₨10.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CITH.N0000's short term assets (LKR255.4M) do not cover its short term liabilities (LKR1.1B).
Long Term Liabilities: CITH.N0000's short term assets (LKR255.4M) do not cover its long term liabilities (LKR4.6B).
Debt to Equity History and Analysis
Debt Level: CITH.N0000's net debt to equity ratio (67.8%) is considered high.
Reducing Debt: CITH.N0000's debt to equity ratio has increased from 59.9% to 69.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CITH.N0000 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CITH.N0000 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 04:17 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Hikkaduwa Beach Resort PLC is covered by 0 analysts. 0 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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