Kingsbury Balance Sheet Health
Financial Health criteria checks 0/6
Kingsbury has a total shareholder equity of LKR607.2M and total debt of LKR2.0B, which brings its debt-to-equity ratio to 323.5%. Its total assets and total liabilities are LKR4.9B and LKR4.3B respectively. Kingsbury's EBIT is LKR480.1M making its interest coverage ratio 1.4. It has cash and short-term investments of LKR104.2M.
Key information
323.5%
Debt to equity ratio
LK₨1.96b
Debt
Interest coverage ratio | 1.4x |
Cash | LK₨104.18m |
Equity | LK₨607.25m |
Total liabilities | LK₨4.31b |
Total assets | LK₨4.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SERV.N0000's short term assets (LKR1.3B) do not cover its short term liabilities (LKR2.6B).
Long Term Liabilities: SERV.N0000's short term assets (LKR1.3B) do not cover its long term liabilities (LKR1.8B).
Debt to Equity History and Analysis
Debt Level: SERV.N0000's net debt to equity ratio (306.4%) is considered high.
Reducing Debt: SERV.N0000's debt to equity ratio has increased from 41.6% to 323.5% over the past 5 years.
Debt Coverage: SERV.N0000's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: SERV.N0000's interest payments on its debt are not well covered by EBIT (1.4x coverage).