Softlogic Finance Balance Sheet Health
Financial Health criteria checks 4/6
Softlogic Finance has a total shareholder equity of LKR678.2M and total debt of LKR4.0B, which brings its debt-to-equity ratio to 595%. Its total assets and total liabilities are LKR13.1B and LKR12.4B respectively.
Key information
595.0%
Debt to equity ratio
LK₨4.04b
Debt
Interest coverage ratio | n/a |
Cash | LK₨1.05b |
Equity | LK₨678.20m |
Total liabilities | LK₨12.41b |
Total assets | LK₨13.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRL.N0000's short term assets (LKR10.5B) exceed its short term liabilities (LKR8.0B).
Long Term Liabilities: CRL.N0000's short term assets (LKR10.5B) exceed its long term liabilities (LKR4.4B).
Debt to Equity History and Analysis
Debt Level: CRL.N0000's net debt to equity ratio (439.5%) is considered high.
Reducing Debt: CRL.N0000's debt to equity ratio has increased from 170.9% to 595% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CRL.N0000 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CRL.N0000 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 25.5% per year.