Citrus Leisure Balance Sheet Health
Financial Health criteria checks 2/6
Citrus Leisure has a total shareholder equity of LKR2.5B and total debt of LKR4.3B, which brings its debt-to-equity ratio to 169%. Its total assets and total liabilities are LKR9.8B and LKR7.2B respectively.
Key information
169.0%
Debt to equity ratio
LK₨4.30b
Debt
Interest coverage ratio | n/a |
Cash | LK₨77.28m |
Equity | LK₨2.54b |
Total liabilities | LK₨7.22b |
Total assets | LK₨9.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REEF.N0000's short term assets (LKR439.3M) do not cover its short term liabilities (LKR3.7B).
Long Term Liabilities: REEF.N0000's short term assets (LKR439.3M) do not cover its long term liabilities (LKR3.5B).
Debt to Equity History and Analysis
Debt Level: REEF.N0000's net debt to equity ratio (166%) is considered high.
Reducing Debt: REEF.N0000's debt to equity ratio has increased from 80% to 169% 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: REEF.N0000 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: REEF.N0000 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.