Marawila Resorts Balance Sheet Health
Financial Health criteria checks 0/6
Marawila Resorts has a total shareholder equity of LKR737.0M and total debt of LKR599.2M, which brings its debt-to-equity ratio to 81.3%. Its total assets and total liabilities are LKR2.0B and LKR1.3B respectively. Marawila Resorts's EBIT is LKR6.3M making its interest coverage ratio 0.1. It has cash and short-term investments of LKR52.1M.
Key information
81.3%
Debt to equity ratio
LK₨599.15m
Debt
Interest coverage ratio | 0.1x |
Cash | LK₨52.07m |
Equity | LK₨736.98m |
Total liabilities | LK₨1.30b |
Total assets | LK₨2.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MARA.N0000's short term assets (LKR230.2M) do not cover its short term liabilities (LKR380.7M).
Long Term Liabilities: MARA.N0000's short term assets (LKR230.2M) do not cover its long term liabilities (LKR920.7M).
Debt to Equity History and Analysis
Debt Level: MARA.N0000's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: MARA.N0000's debt to equity ratio has increased from 36.6% to 81.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MARA.N0000 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MARA.N0000 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.9% each year