Kandy Hotels (1938) Balance Sheet Health
Financial Health criteria checks 2/6
Kandy Hotels (1938) has a total shareholder equity of LKR9.1B and total debt of LKR1.5B, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are LKR13.1B and LKR4.0B respectively.
Key information
16.4%
Debt to equity ratio
LK₨1.50b
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨1.74b |
| Equity | LK₨9.10b |
| Total liabilities | LK₨4.04b |
| Total assets | LK₨13.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KHC.N0000's short term assets (LKR2.2B) exceed its short term liabilities (LKR843.2M).
Long Term Liabilities: KHC.N0000's short term assets (LKR2.2B) do not cover its long term liabilities (LKR3.2B).
Debt to Equity History and Analysis
Debt Level: KHC.N0000 has more cash than its total debt.
Reducing Debt: KHC.N0000's debt to equity ratio has increased from 9.3% to 16.4% over the past 5 years.
Debt Coverage: KHC.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if KHC.N0000's interest payments on its debt are well covered by EBIT.