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LOLC Development Finance Balance Sheet Health
Financial Health criteria checks 3/6
Key information
200.0%
Debt to equity ratio
LK₨8.94b
Debt
Interest coverage ratio | n/a |
Cash | LK₨1.07b |
Equity | LK₨4.47b |
Total liabilities | LK₨18.53b |
Total assets | LK₨23.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIFL.N0000's short term assets (LKR21.6B) exceed its short term liabilities (LKR9.4B).
Long Term Liabilities: NIFL.N0000's short term assets (LKR21.6B) exceed its long term liabilities (LKR9.2B).
Debt to Equity History and Analysis
Debt Level: NIFL.N0000's net debt to equity ratio (176.1%) is considered high.
Reducing Debt: NIFL.N0000's debt to equity ratio has reduced from 209.5% to 200% over the past 5 years.
Debt Coverage: NIFL.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NIFL.N0000's interest payments on its debt are well covered by EBIT.