Serendib Hotels Balance Sheet Health
Financial Health criteria checks 6/6
Serendib Hotels has a total shareholder equity of LKR6.0B and total debt of LKR226.4M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are LKR8.8B and LKR2.7B respectively. Serendib Hotels's EBIT is LKR750.4M making its interest coverage ratio 26. It has cash and short-term investments of LKR1.1B.
Key information
3.8%
Debt to equity ratio
LK₨226.43m
Debt
| Interest coverage ratio | 26x |
| Cash | LK₨1.13b |
| Equity | LK₨6.01b |
| Total liabilities | LK₨2.75b |
| Total assets | LK₨8.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHOT.N0000's short term assets (LKR2.5B) exceed its short term liabilities (LKR1.5B).
Long Term Liabilities: SHOT.N0000's short term assets (LKR2.5B) exceed its long term liabilities (LKR1.2B).
Debt to Equity History and Analysis
Debt Level: SHOT.N0000 has more cash than its total debt.
Reducing Debt: SHOT.N0000's debt to equity ratio has reduced from 24.9% to 3.8% over the past 5 years.
Debt Coverage: SHOT.N0000's debt is well covered by operating cash flow (326.6%).
Interest Coverage: SHOT.N0000's interest payments on its debt are well covered by EBIT (26x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 13:52 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Serendib Hotels PLC is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | First Capital Holdings PLC |