LB Finance Balance Sheet Health
Financial Health criteria checks 5/6
LB Finance has a total shareholder equity of LKR42.5B and total debt of LKR20.0B, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are LKR186.1B and LKR143.6B respectively.
Key information
47.1%
Debt to equity ratio
LK₨20.02b
Debt
Interest coverage ratio | n/a |
Cash | LK₨9.27b |
Equity | LK₨42.51b |
Total liabilities | LK₨143.61b |
Total assets | LK₨186.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFIN.N0000's short term assets (LKR162.8B) exceed its short term liabilities (LKR119.1B).
Long Term Liabilities: LFIN.N0000's short term assets (LKR162.8B) exceed its long term liabilities (LKR24.5B).
Debt to Equity History and Analysis
Debt Level: LFIN.N0000's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: LFIN.N0000's debt to equity ratio has reduced from 155.9% to 47.1% over the past 5 years.
Debt Coverage: LFIN.N0000's debt is well covered by operating cash flow (73.3%).
Interest Coverage: Insufficient data to determine if LFIN.N0000's interest payments on its debt are well covered by EBIT.