People's Leasing & Finance Balance Sheet Health
Financial Health criteria checks 5/6
People's Leasing & Finance has a total shareholder equity of LKR49.1B and total debt of LKR18.2B, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are LKR185.3B and LKR136.1B respectively.
Key information
37.1%
Debt to equity ratio
LK₨18.21b
Debt
Interest coverage ratio | n/a |
Cash | LK₨12.09b |
Equity | LK₨49.15b |
Total liabilities | LK₨136.11b |
Total assets | LK₨185.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLC.N0000's short term assets (LKR148.2B) exceed its short term liabilities (LKR106.0B).
Long Term Liabilities: PLC.N0000's short term assets (LKR148.2B) exceed its long term liabilities (LKR30.1B).
Debt to Equity History and Analysis
Debt Level: PLC.N0000's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: PLC.N0000's debt to equity ratio has reduced from 156.5% to 37.1% over the past 5 years.
Debt Coverage: PLC.N0000's debt is well covered by operating cash flow (97.7%).
Interest Coverage: Insufficient data to determine if PLC.N0000's interest payments on its debt are well covered by EBIT.