LOLC Finance Balance Sheet Health
Financial Health criteria checks 5/6
LOLC Finance has a total shareholder equity of LKR122.3B and total debt of LKR26.1B, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are LKR377.6B and LKR255.3B respectively.
Key information
21.4%
Debt to equity ratio
LK₨26.13b
Debt
Interest coverage ratio | n/a |
Cash | LK₨11.72b |
Equity | LK₨122.35b |
Total liabilities | LK₨255.28b |
Total assets | LK₨377.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOFC.N0000's short term assets (LKR268.9B) exceed its short term liabilities (LKR230.7B).
Long Term Liabilities: LOFC.N0000's short term assets (LKR268.9B) exceed its long term liabilities (LKR24.6B).
Debt to Equity History and Analysis
Debt Level: LOFC.N0000's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: LOFC.N0000's debt to equity ratio has reduced from 279.8% to 21.4% over the past 5 years.
Debt Coverage: LOFC.N0000's debt is well covered by operating cash flow (83.4%).
Interest Coverage: Insufficient data to determine if LOFC.N0000's interest payments on its debt are well covered by EBIT.