John Keells Hotels Balance Sheet Health
Financial Health criteria checks 1/6
John Keells Hotels has a total shareholder equity of LKR30.4B and total debt of LKR24.8B, which brings its debt-to-equity ratio to 81.6%. Its total assets and total liabilities are LKR83.7B and LKR53.3B respectively. John Keells Hotels's EBIT is LKR1.6B making its interest coverage ratio 0.6. It has cash and short-term investments of LKR1.1B.
Key information
81.6%
Debt to equity ratio
LK₨24.80b
Debt
Interest coverage ratio | 0.6x |
Cash | LK₨1.09b |
Equity | LK₨30.40b |
Total liabilities | LK₨53.29b |
Total assets | LK₨83.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KHL.N0000's short term assets (LKR5.7B) do not cover its short term liabilities (LKR27.0B).
Long Term Liabilities: KHL.N0000's short term assets (LKR5.7B) do not cover its long term liabilities (LKR26.3B).
Debt to Equity History and Analysis
Debt Level: KHL.N0000's net debt to equity ratio (78%) is considered high.
Reducing Debt: KHL.N0000's debt to equity ratio has increased from 18.1% to 81.6% over the past 5 years.
Debt Coverage: KHL.N0000's debt is well covered by operating cash flow (21%).
Interest Coverage: KHL.N0000's interest payments on its debt are not well covered by EBIT (0.6x coverage).