TAL Lanka Hotels Balance Sheet Health
Financial Health criteria checks 0/6
TAL Lanka Hotels has a total shareholder equity of LKR-1.4B and total debt of LKR4.2B, which brings its debt-to-equity ratio to -299.5%. Its total assets and total liabilities are LKR5.0B and LKR6.4B respectively. TAL Lanka Hotels's EBIT is LKR50.6M making its interest coverage ratio 1.1. It has cash and short-term investments of LKR251.6M.
Key information
-299.5%
Debt to equity ratio
LK₨4.17b
Debt
Interest coverage ratio | 1.1x |
Cash | LK₨251.61m |
Equity | -LK₨1.39b |
Total liabilities | LK₨6.39b |
Total assets | LK₨5.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAJ.N0000 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TAJ.N0000 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TAJ.N0000 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TAJ.N0000's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TAJ.N0000's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: TAJ.N0000's interest payments on its debt are not well covered by EBIT (1.1x coverage).