Dolphin Hotels Balance Sheet Health
Financial Health criteria checks 4/6
Dolphin Hotels has a total shareholder equity of LKR3.2B and total debt of LKR1.1B, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are LKR5.5B and LKR2.2B respectively. Dolphin Hotels's EBIT is LKR2.2M making its interest coverage ratio -0. It has cash and short-term investments of LKR1.2B.
Key information
34.4%
Debt to equity ratio
LK₨1.11b
Debt
| Interest coverage ratio | -0.01x |
| Cash | LK₨1.21b |
| Equity | LK₨3.23b |
| Total liabilities | LK₨2.24b |
| Total assets | LK₨5.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STAF.N0000's short term assets (LKR2.6B) exceed its short term liabilities (LKR856.0M).
Long Term Liabilities: STAF.N0000's short term assets (LKR2.6B) exceed its long term liabilities (LKR1.4B).
Debt to Equity History and Analysis
Debt Level: STAF.N0000 has more cash than its total debt.
Reducing Debt: STAF.N0000's debt to equity ratio has increased from 2.5% to 34.4% over the past 5 years.
Debt Coverage: STAF.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STAF.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.