Ramboda Falls Balance Sheet Health
Financial Health criteria checks 4/6
Ramboda Falls has a total shareholder equity of LKR503.3M and total debt of LKR3.4M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are LKR713.3M and LKR210.0M respectively. Ramboda Falls's EBIT is LKR22.3M making its interest coverage ratio -16.9. It has cash and short-term investments of LKR40.7M.
Key information
0.7%
Debt to equity ratio
LK₨3.43m
Debt
Interest coverage ratio | -16.9x |
Cash | LK₨40.71m |
Equity | LK₨503.35m |
Total liabilities | LK₨209.98m |
Total assets | LK₨713.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RFL.N0000's short term assets (LKR57.0M) exceed its short term liabilities (LKR32.4M).
Long Term Liabilities: RFL.N0000's short term assets (LKR57.0M) do not cover its long term liabilities (LKR177.6M).
Debt to Equity History and Analysis
Debt Level: RFL.N0000 has more cash than its total debt.
Reducing Debt: RFL.N0000's debt to equity ratio has increased from 0.7% to 0.7% over the past 5 years.
Debt Coverage: RFL.N0000's debt is well covered by operating cash flow (1360.7%).
Interest Coverage: RFL.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.