LOLC Holdings Balance Sheet Health
Financial Health criteria checks 4/6
LOLC Holdings has a total shareholder equity of LKR489.8B and total debt of LKR583.0B, which brings its debt-to-equity ratio to 119%. Its total assets and total liabilities are LKR1,734.4B and LKR1,244.7B respectively.
Key information
119.0%
Debt to equity ratio
LK₨582.99b
Debt
Interest coverage ratio | n/a |
Cash | LK₨153.64b |
Equity | LK₨489.77b |
Total liabilities | LK₨1.24t |
Total assets | LK₨1.73t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOLC.N0000's short term assets (LKR1,003.4B) exceed its short term liabilities (LKR614.4B).
Long Term Liabilities: LOLC.N0000's short term assets (LKR1,003.4B) exceed its long term liabilities (LKR630.3B).
Debt to Equity History and Analysis
Debt Level: LOLC.N0000's net debt to equity ratio (87.7%) is considered high.
Reducing Debt: LOLC.N0000's debt to equity ratio has reduced from 278.9% to 119% over the past 5 years.
Debt Coverage: LOLC.N0000's debt is well covered by operating cash flow (22.7%).
Interest Coverage: Insufficient data to determine if LOLC.N0000's interest payments on its debt are well covered by EBIT.