Nuwara Eliya Hotels Balance Sheet Health
Financial Health criteria checks 5/6
Nuwara Eliya Hotels has a total shareholder equity of LKR4.8B and total debt of LKR43.7M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are LKR6.0B and LKR1.2B respectively.
Key information
0.9%
Debt to equity ratio
LK₨43.71m
Debt
Interest coverage ratio | n/a |
Cash | LK₨1.74b |
Equity | LK₨4.84b |
Total liabilities | LK₨1.20b |
Total assets | LK₨6.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEH.N0000's short term assets (LKR1.9B) exceed its short term liabilities (LKR200.3M).
Long Term Liabilities: NEH.N0000's short term assets (LKR1.9B) exceed its long term liabilities (LKR997.1M).
Debt to Equity History and Analysis
Debt Level: NEH.N0000 has more cash than its total debt.
Reducing Debt: NEH.N0000's debt to equity ratio has reduced from 1% to 0.9% over the past 5 years.
Debt Coverage: NEH.N0000's debt is well covered by operating cash flow (154%).
Interest Coverage: Insufficient data to determine if NEH.N0000's interest payments on its debt are well covered by EBIT.