Serendib Hotels PLC

COSE:SHOT.N0000 Stock Report

Market Cap: LK₨5.0b

Serendib Hotels Balance Sheet Health

Financial Health criteria checks 6/6

Serendib Hotels has a total shareholder equity of LKR5.9B and total debt of LKR259.5M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are LKR8.7B and LKR2.8B respectively. Serendib Hotels's EBIT is LKR693.9M making its interest coverage ratio 164.7. It has cash and short-term investments of LKR1.2B.

Key information

4.4%

Debt to equity ratio

LK₨259.46m

Debt

Interest coverage ratio164.7x
CashLK₨1.19b
EquityLK₨5.89b
Total liabilitiesLK₨2.83b
Total assetsLK₨8.72b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SHOT.N0000's short term assets (LKR2.4B) exceed its short term liabilities (LKR1.6B).

Long Term Liabilities: SHOT.N0000's short term assets (LKR2.4B) 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 24.7% to 4.4% over the past 5 years.

Debt Coverage: SHOT.N0000's debt is well covered by operating cash flow (245.8%).

Interest Coverage: SHOT.N0000's interest payments on its debt are well covered by EBIT (164.7x coverage).


Balance Sheet


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