LB Finance Balance Sheet Health
Financial Health criteria checks 3/6
LB Finance has a total shareholder equity of LKR46.7B and total debt of LKR29.2B, which brings its debt-to-equity ratio to 62.6%. Its total assets and total liabilities are LKR211.7B and LKR165.1B respectively.
Key information
62.6%
Debt to equity ratio
LK₨29.23b
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨7.24b |
| Equity | LK₨46.68b |
| Total liabilities | LK₨165.06b |
| Total assets | LK₨211.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFIN.N0000's short term assets (LKR186.9B) exceed its short term liabilities (LKR131.1B).
Long Term Liabilities: LFIN.N0000's short term assets (LKR186.9B) exceed its long term liabilities (LKR33.9B).
Debt to Equity History and Analysis
Debt Level: LFIN.N0000's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: LFIN.N0000's debt to equity ratio has reduced from 152.4% to 62.6% over the past 5 years.
Debt Coverage: LFIN.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LFIN.N0000's interest payments on its debt are well covered by EBIT.