Marawila Resorts Balance Sheet Health
Financial Health criteria checks 1/6
Marawila Resorts has a total shareholder equity of LKR836.1M and total debt of LKR559.8M, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are LKR2.0B and LKR1.2B respectively. Marawila Resorts's EBIT is LKR143.1M making its interest coverage ratio 2.4. It has cash and short-term investments of LKR53.4M.
Key information
66.9%
Debt to equity ratio
LK₨559.75m
Debt
| Interest coverage ratio | 2.4x |
| Cash | LK₨53.35m |
| Equity | LK₨836.09m |
| Total liabilities | LK₨1.20b |
| Total assets | LK₨2.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MARA.N0000's short term assets (LKR189.9M) do not cover its short term liabilities (LKR339.8M).
Long Term Liabilities: MARA.N0000's short term assets (LKR189.9M) do not cover its long term liabilities (LKR857.7M).
Debt to Equity History and Analysis
Debt Level: MARA.N0000's net debt to equity ratio (60.6%) is considered high.
Reducing Debt: MARA.N0000's debt to equity ratio has increased from 28.5% to 66.9% over the past 5 years.
Debt Coverage: MARA.N0000's debt is well covered by operating cash flow (25.8%).
Interest Coverage: MARA.N0000's interest payments on its debt are not well covered by EBIT (2.4x coverage).