Jetwing Symphony Balance Sheet Health
Financial Health criteria checks 0/6
Jetwing Symphony has a total shareholder equity of LKR3.4B and total debt of LKR5.8B, which brings its debt-to-equity ratio to 171.3%. Its total assets and total liabilities are LKR10.6B and LKR7.2B respectively. Jetwing Symphony's EBIT is LKR771.0M making its interest coverage ratio 0.9. It has cash and short-term investments of LKR64.9M.
Key information
171.3%
Debt to equity ratio
LK₨5.84b
Debt
Interest coverage ratio | 0.9x |
Cash | LK₨64.86m |
Equity | LK₨3.41b |
Total liabilities | LK₨7.18b |
Total assets | LK₨10.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JETS.N0000's short term assets (LKR690.3M) do not cover its short term liabilities (LKR2.5B).
Long Term Liabilities: JETS.N0000's short term assets (LKR690.3M) do not cover its long term liabilities (LKR4.7B).
Debt to Equity History and Analysis
Debt Level: JETS.N0000's net debt to equity ratio (169.4%) is considered high.
Reducing Debt: JETS.N0000's debt to equity ratio has increased from 80% to 171.3% over the past 5 years.
Debt Coverage: JETS.N0000's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: JETS.N0000's interest payments on its debt are not well covered by EBIT (0.9x coverage).