LOLC Finance Balance Sheet Health
Financial Health criteria checks 4/6
LOLC Finance has a total shareholder equity of LKR130.5B and total debt of LKR23.7B, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are LKR392.8B and LKR262.3B respectively.
Key information
18.2%
Debt to equity ratio
LK₨23.73b
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨10.90b |
| Equity | LK₨130.49b |
| Total liabilities | LK₨262.29b |
| Total assets | LK₨392.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOFC.N0000's short term assets (LKR282.4B) exceed its short term liabilities (LKR239.9B).
Long Term Liabilities: LOFC.N0000's short term assets (LKR282.4B) exceed its long term liabilities (LKR22.4B).
Debt to Equity History and Analysis
Debt Level: LOFC.N0000's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: LOFC.N0000's debt to equity ratio has reduced from 181.5% to 18.2% over the past 5 years.
Debt Coverage: LOFC.N0000's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: Insufficient data to determine if LOFC.N0000's interest payments on its debt are well covered by EBIT.