Singer Finance (Lanka) Balance Sheet Health
Financial Health criteria checks 4/6
Singer Finance (Lanka) has a total shareholder equity of LKR5.1B and total debt of LKR7.5B, which brings its debt-to-equity ratio to 146.3%. Its total assets and total liabilities are LKR35.1B and LKR30.0B respectively.
Key information
146.3%
Debt to equity ratio
LK₨7.47b
Debt
Interest coverage ratio | n/a |
Cash | LK₨1.79b |
Equity | LK₨5.10b |
Total liabilities | LK₨30.04b |
Total assets | LK₨35.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SFIN.N0000's short term assets (LKR27.4B) exceed its short term liabilities (LKR21.9B).
Long Term Liabilities: SFIN.N0000's short term assets (LKR27.4B) exceed its long term liabilities (LKR8.1B).
Debt to Equity History and Analysis
Debt Level: SFIN.N0000's net debt to equity ratio (111.4%) is considered high.
Reducing Debt: SFIN.N0000's debt to equity ratio has reduced from 241.9% to 146.3% over the past 5 years.
Debt Coverage: SFIN.N0000's debt is well covered by operating cash flow (50.1%).
Interest Coverage: Insufficient data to determine if SFIN.N0000's interest payments on its debt are well covered by EBIT.