Renuka Hotels Balance Sheet Health
Financial Health criteria checks 4/6
Renuka Hotels has a total shareholder equity of LKR14.6B and total debt of LKR6.0M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are LKR14.8B and LKR148.3M respectively.
Key information
0.04%
Debt to equity ratio
LK₨6.05m
Debt
Interest coverage ratio | n/a |
Cash | LK₨9.51b |
Equity | LK₨14.60b |
Total liabilities | LK₨148.29m |
Total assets | LK₨14.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCH.N0000's short term assets (LKR9.6B) exceed its short term liabilities (LKR66.1M).
Long Term Liabilities: RCH.N0000's short term assets (LKR9.6B) exceed its long term liabilities (LKR82.2M).
Debt to Equity History and Analysis
Debt Level: RCH.N0000 has more cash than its total debt.
Reducing Debt: RCH.N0000's debt to equity ratio has reduced from 0.2% to 0.04% over the past 5 years.
Debt Coverage: RCH.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RCH.N0000's interest payments on its debt are well covered by EBIT.