Vallibel Finance Balance Sheet Health
Financial Health criteria checks 4/6
Vallibel Finance has a total shareholder equity of LKR12.2B and total debt of LKR17.9B, which brings its debt-to-equity ratio to 146.9%. Its total assets and total liabilities are LKR90.0B and LKR77.8B respectively.
Key information
146.9%
Debt to equity ratio
LK₨17.90b
Debt
Interest coverage ratio | n/a |
Cash | LK₨3.32b |
Equity | LK₨12.18b |
Total liabilities | LK₨77.82b |
Total assets | LK₨90.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VFIN.N0000's short term assets (LKR71.9B) exceed its short term liabilities (LKR57.7B).
Long Term Liabilities: VFIN.N0000's short term assets (LKR71.9B) exceed its long term liabilities (LKR20.1B).
Debt to Equity History and Analysis
Debt Level: VFIN.N0000's net debt to equity ratio (119.7%) is considered high.
Reducing Debt: VFIN.N0000's debt to equity ratio has reduced from 286.5% to 146.9% over the past 5 years.
Debt Coverage: VFIN.N0000's debt is well covered by operating cash flow (29.5%).
Interest Coverage: Insufficient data to determine if VFIN.N0000's interest payments on its debt are well covered by EBIT.