Renuka City Hotels Balance Sheet Health
Financial Health criteria checks 4/6
Renuka City Hotels has a total shareholder equity of LKR9.9B and total debt of LKR5.6M, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are LKR10.0B and LKR69.7M respectively. Renuka City Hotels's EBIT is LKR30.7M making its interest coverage ratio 0. It has cash and short-term investments of LKR8.4B.
Key information
0.06%
Debt to equity ratio
LK₨5.61m
Debt
| Interest coverage ratio | 0.04x |
| Cash | LK₨8.40b |
| Equity | LK₨9.90b |
| Total liabilities | LK₨69.75m |
| Total assets | LK₨9.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RENU.N0000's short term assets (LKR8.4B) exceed its short term liabilities (LKR27.9M).
Long Term Liabilities: RENU.N0000's short term assets (LKR8.4B) exceed its long term liabilities (LKR41.8M).
Debt to Equity History and Analysis
Debt Level: RENU.N0000 has more cash than its total debt.
Reducing Debt: RENU.N0000's debt to equity ratio has reduced from 0.2% to 0.06% over the past 5 years.
Debt Coverage: RENU.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RENU.N0000's interest payments on its debt are not well covered by EBIT (0x coverage).