Associated Motor Finance Balance Sheet Health
Financial Health criteria checks 4/6
Associated Motor Finance has a total shareholder equity of LKR3.4B and total debt of LKR416.9M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are LKR19.8B and LKR16.4B respectively.
Key information
12.2%
Debt to equity ratio
LK₨416.86m
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨134.86m |
| Equity | LK₨3.42b |
| Total liabilities | LK₨16.39b |
| Total assets | LK₨19.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMF.N0000's short term assets (LKR11.8B) do not cover its short term liabilities (LKR15.8B).
Long Term Liabilities: AMF.N0000's short term assets (LKR11.8B) exceed its long term liabilities (LKR567.1M).
Debt to Equity History and Analysis
Debt Level: AMF.N0000's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: AMF.N0000's debt to equity ratio has reduced from 222.1% to 12.2% over the past 5 years.
Debt Coverage: AMF.N0000's debt is well covered by operating cash flow (51.4%).
Interest Coverage: Insufficient data to determine if AMF.N0000's interest payments on its debt are well covered by EBIT.