Hotel Sigiriya Balance Sheet Health
Financial Health criteria checks 6/6
Hotel Sigiriya has a total shareholder equity of LKR891.1M and total debt of LKR8.9M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are LKR1.2B and LKR263.8M respectively. Hotel Sigiriya's EBIT is LKR26.5M making its interest coverage ratio -0.5. It has cash and short-term investments of LKR402.5M.
Key information
1.0%
Debt to equity ratio
LK₨8.93m
Debt
Interest coverage ratio | -0.5x |
Cash | LK₨402.51m |
Equity | LK₨891.15m |
Total liabilities | LK₨263.77m |
Total assets | LK₨1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HSIG.N0000's short term assets (LKR488.2M) exceed its short term liabilities (LKR146.0M).
Long Term Liabilities: HSIG.N0000's short term assets (LKR488.2M) exceed its long term liabilities (LKR117.8M).
Debt to Equity History and Analysis
Debt Level: HSIG.N0000 has more cash than its total debt.
Reducing Debt: HSIG.N0000's debt to equity ratio has reduced from 5.4% to 1% over the past 5 years.
Debt Coverage: HSIG.N0000's debt is well covered by operating cash flow (1181.3%).
Interest Coverage: HSIG.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.