TAL Lanka Hotels Balance Sheet Health
Financial Health criteria checks 0/6
TAL Lanka Hotels has a total shareholder equity of LKR-1.6B and total debt of LKR4.1B, which brings its debt-to-equity ratio to -249.3%. Its total assets and total liabilities are LKR4.8B and LKR6.4B respectively. TAL Lanka Hotels's EBIT is LKR15.3M making its interest coverage ratio 0. It has cash and short-term investments of LKR105.2M.
Key information
-249.3%
Debt to equity ratio
LK₨4.08b
Debt
| Interest coverage ratio | 0.04x |
| Cash | LK₨105.21m |
| Equity | -LK₨1.64b |
| Total liabilities | LK₨6.40b |
| Total assets | LK₨4.76b |
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 (5.8%).
Interest Coverage: TAJ.N0000's interest payments on its debt are not well covered by EBIT (0x coverage).