Alliance Finance Balance Sheet Health
Financial Health criteria checks 2/6
Alliance Finance has a total shareholder equity of LKR7.6B and total debt of LKR23.7B, which brings its debt-to-equity ratio to 313.2%. Its total assets and total liabilities are LKR57.4B and LKR49.8B respectively.
Key information
313.2%
Debt to equity ratio
LK₨23.71b
Debt
Interest coverage ratio | n/a |
Cash | LK₨4.20b |
Equity | LK₨7.57b |
Total liabilities | LK₨49.82b |
Total assets | LK₨57.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALLI.N0000's short term assets (LKR52.7B) exceed its short term liabilities (LKR24.4B).
Long Term Liabilities: ALLI.N0000's short term assets (LKR52.7B) exceed its long term liabilities (LKR25.5B).
Debt to Equity History and Analysis
Debt Level: ALLI.N0000's net debt to equity ratio (257.8%) is considered high.
Reducing Debt: ALLI.N0000's debt to equity ratio has increased from 296.7% to 313.2% over the past 5 years.
Debt Coverage: ALLI.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ALLI.N0000's interest payments on its debt are well covered by EBIT.