Waskaduwa Beach Resort Balance Sheet Health
Financial Health criteria checks 0/6
Waskaduwa Beach Resort has a total shareholder equity of LKR2.1B and total debt of LKR1.9B, which brings its debt-to-equity ratio to 89.9%. Its total assets and total liabilities are LKR5.6B and LKR3.5B respectively. Waskaduwa Beach Resort's EBIT is LKR5.9M making its interest coverage ratio 0. It has cash and short-term investments of LKR61.1M.
Key information
89.9%
Debt to equity ratio
LK₨1.90b
Debt
| Interest coverage ratio | 0.02x |
| Cash | LK₨61.13m |
| Equity | LK₨2.12b |
| Total liabilities | LK₨3.49b |
| Total assets | LK₨5.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CITW.N0000's short term assets (LKR155.0M) do not cover its short term liabilities (LKR671.5M).
Long Term Liabilities: CITW.N0000's short term assets (LKR155.0M) do not cover its long term liabilities (LKR2.8B).
Debt to Equity History and Analysis
Debt Level: CITW.N0000's net debt to equity ratio (87%) is considered high.
Reducing Debt: CITW.N0000's debt to equity ratio has increased from 74% to 89.9% 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: CITW.N0000 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CITW.N0000 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.4% each year