Waskaduwa Beach Resort Balance Sheet Health
Financial Health criteria checks 2/6
Waskaduwa Beach Resort has a total shareholder equity of LKR1.5B and total debt of LKR2.5B, which brings its debt-to-equity ratio to 167%. Its total assets and total liabilities are LKR5.0B and LKR3.5B respectively.
Key information
167.0%
Debt to equity ratio
LK₨2.51b
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨83.62m |
| Equity | LK₨1.50b |
| Total liabilities | LK₨3.54b |
| Total assets | LK₨5.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CITW.N0000's short term assets (LKR181.5M) do not cover its short term liabilities (LKR643.0M).
Long Term Liabilities: CITW.N0000's short term assets (LKR181.5M) do not cover its long term liabilities (LKR2.9B).
Debt to Equity History and Analysis
Debt Level: CITW.N0000's net debt to equity ratio (161.5%) is considered high.
Reducing Debt: CITW.N0000's debt to equity ratio has increased from 107% to 167% 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 sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CITW.N0000 is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.