Lighthouse Hotel Balance Sheet Health
Financial Health criteria checks 2/6
Lighthouse Hotel has a total shareholder equity of LKR2.8B and total debt of LKR250.9M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are LKR3.9B and LKR1.0B respectively. Lighthouse Hotel's EBIT is LKR129.0M making its interest coverage ratio 2.4. It has cash and short-term investments of LKR54.1M.
Key information
8.9%
Debt to equity ratio
LK₨250.93m
Debt
Interest coverage ratio | 2.4x |
Cash | LK₨54.09m |
Equity | LK₨2.83b |
Total liabilities | LK₨1.04b |
Total assets | LK₨3.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LHL.N0000's short term assets (LKR249.4M) do not cover its short term liabilities (LKR426.7M).
Long Term Liabilities: LHL.N0000's short term assets (LKR249.4M) do not cover its long term liabilities (LKR617.7M).
Debt to Equity History and Analysis
Debt Level: LHL.N0000's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: LHL.N0000's debt to equity ratio has increased from 7.8% to 8.9% over the past 5 years.
Debt Coverage: LHL.N0000's debt is well covered by operating cash flow (61.9%).
Interest Coverage: LHL.N0000's interest payments on its debt are not well covered by EBIT (2.4x coverage).