Trans Asia Hotels Balance Sheet Health
Financial Health criteria checks 2/6
Trans Asia Hotels has a total shareholder equity of LKR6.3B and total debt of LKR1.3B, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are LKR9.3B and LKR3.1B respectively. Trans Asia Hotels's EBIT is LKR229.5M making its interest coverage ratio 1.3. It has cash and short-term investments of LKR48.9M.
Key information
20.2%
Debt to equity ratio
LK₨1.27b
Debt
| Interest coverage ratio | 1.3x |
| Cash | LK₨48.89m |
| Equity | LK₨6.26b |
| Total liabilities | LK₨3.06b |
| Total assets | LK₨9.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRAN.N0000's short term assets (LKR732.4M) do not cover its short term liabilities (LKR2.1B).
Long Term Liabilities: TRAN.N0000's short term assets (LKR732.4M) do not cover its long term liabilities (LKR922.8M).
Debt to Equity History and Analysis
Debt Level: TRAN.N0000's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: TRAN.N0000's debt to equity ratio has increased from 4.7% to 20.2% over the past 5 years.
Debt Coverage: TRAN.N0000's debt is well covered by operating cash flow (30.1%).
Interest Coverage: TRAN.N0000's interest payments on its debt are not well covered by EBIT (1.3x coverage).