Associated Motor Finance Balance Sheet Health
Financial Health criteria checks 3/6
Associated Motor Finance has a total shareholder equity of LKR3.1B and total debt of LKR680.5M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are LKR18.6B and LKR15.5B respectively.
Key information
22.0%
Debt to equity ratio
LK₨680.46m
Debt
Interest coverage ratio | n/a |
Cash | LK₨250.99m |
Equity | LK₨3.10b |
Total liabilities | LK₨15.54b |
Total assets | LK₨18.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMF.N0000's short term assets (LKR11.3B) do not cover its short term liabilities (LKR14.7B).
Long Term Liabilities: AMF.N0000's short term assets (LKR11.3B) exceed its long term liabilities (LKR847.5M).
Debt to Equity History and Analysis
Debt Level: AMF.N0000's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: AMF.N0000's debt to equity ratio has reduced from 337.6% to 22% over the past 5 years.
Debt Coverage: AMF.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AMF.N0000's interest payments on its debt are well covered by EBIT.