People's Merchant Finance Balance Sheet Health
Financial Health criteria checks 6/6
People's Merchant Finance has a total shareholder equity of LKR2.7B and total debt of LKR696.1M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are LKR14.2B and LKR11.5B respectively.
Key information
25.6%
Debt to equity ratio
LK₨696.08m
Debt
Interest coverage ratio | n/a |
Cash | LK₨899.20m |
Equity | LK₨2.72b |
Total liabilities | LK₨11.52b |
Total assets | LK₨14.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMB.N0000's short term assets (LKR12.7B) exceed its short term liabilities (LKR10.4B).
Long Term Liabilities: PMB.N0000's short term assets (LKR12.7B) exceed its long term liabilities (LKR1.1B).
Debt to Equity History and Analysis
Debt Level: PMB.N0000 has more cash than its total debt.
Reducing Debt: PMB.N0000's debt to equity ratio has reduced from 425.7% to 25.6% 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 PMB.N0000 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PMB.N0000 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.2% per year.