Palm Garden Hotels Balance Sheet Health
Financial Health criteria checks 1/6
Palm Garden Hotels has a total shareholder equity of LKR36.0B and total debt of LKR21.1B, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are LKR86.1B and LKR50.1B respectively.
Key information
58.6%
Debt to equity ratio
LK₨21.09b
Debt
Interest coverage ratio | n/a |
Cash | LK₨8.61b |
Equity | LK₨36.01b |
Total liabilities | LK₨50.07b |
Total assets | LK₨86.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PALM.N0000's short term assets (LKR12.8B) do not cover its short term liabilities (LKR27.4B).
Long Term Liabilities: PALM.N0000's short term assets (LKR12.8B) do not cover its long term liabilities (LKR22.6B).
Debt to Equity History and Analysis
Debt Level: PALM.N0000's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: PALM.N0000's debt to equity ratio has increased from 57.1% to 58.6% 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: PALM.N0000 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PALM.N0000 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.4% each year