Multi Finance Balance Sheet Health
Financial Health criteria checks 6/6
Multi Finance has a total shareholder equity of LKR287.2M and total debt of LKR4.2M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are LKR605.8M and LKR318.6M respectively.
Key information
1.5%
Debt to equity ratio
LK₨4.22m
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨25.42m |
| Equity | LK₨287.20m |
| Total liabilities | LK₨318.56m |
| Total assets | LK₨605.76m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFL.N0000's short term assets (LKR308.6M) exceed its short term liabilities (LKR256.7M).
Long Term Liabilities: MFL.N0000's short term assets (LKR308.6M) exceed its long term liabilities (LKR61.9M).
Debt to Equity History and Analysis
Debt Level: MFL.N0000 has more cash than its total debt.
Reducing Debt: MFL.N0000's debt to equity ratio has reduced from 11.3% to 1.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MFL.N0000 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MFL.N0000 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.9% per year.