Singer Finance (Lanka) Balance Sheet Health
Financial Health criteria checks 3/6
Singer Finance (Lanka) has a total shareholder equity of LKR5.5B and total debt of LKR10.6B, which brings its debt-to-equity ratio to 191.5%. Its total assets and total liabilities are LKR42.1B and LKR36.6B respectively.
Key information
191.5%
Debt to equity ratio
LK₨10.56b
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨645.54m |
| Equity | LK₨5.51b |
| Total liabilities | LK₨36.59b |
| Total assets | LK₨42.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SFIN.N0000's short term assets (LKR38.4B) exceed its short term liabilities (LKR25.4B).
Long Term Liabilities: SFIN.N0000's short term assets (LKR38.4B) exceed its long term liabilities (LKR11.2B).
Debt to Equity History and Analysis
Debt Level: SFIN.N0000's net debt to equity ratio (179.8%) is considered high.
Reducing Debt: SFIN.N0000's debt to equity ratio has reduced from 255.7% to 191.5% over the past 5 years.
Debt Coverage: SFIN.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SFIN.N0000's interest payments on its debt are well covered by EBIT.