Agarapatana Plantations Balance Sheet Health
Financial Health criteria checks 5/6
Agarapatana Plantations has a total shareholder equity of LKR4.9B and total debt of LKR1.1B, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are LKR9.5B and LKR4.6B respectively. Agarapatana Plantations's EBIT is LKR923.4M making its interest coverage ratio 22. It has cash and short-term investments of LKR815.9M.
Key information
22.1%
Debt to equity ratio
LK₨1.09b
Debt
| Interest coverage ratio | 22x |
| Cash | LK₨815.94m |
| Equity | LK₨4.92b |
| Total liabilities | LK₨4.60b |
| Total assets | LK₨9.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGPL.N0000's short term assets (LKR3.1B) exceed its short term liabilities (LKR1.8B).
Long Term Liabilities: AGPL.N0000's short term assets (LKR3.1B) exceed its long term liabilities (LKR2.8B).
Debt to Equity History and Analysis
Debt Level: AGPL.N0000's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AGPL.N0000's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AGPL.N0000's debt is well covered by operating cash flow (29%).
Interest Coverage: AGPL.N0000's interest payments on its debt are well covered by EBIT (22x coverage).