Agarapatana Plantations Balance Sheet Health
Financial Health criteria checks 5/6
Agarapatana Plantations has a total shareholder equity of LKR4.3B and total debt of LKR1.1B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are LKR8.8B and LKR4.5B respectively. Agarapatana Plantations's EBIT is LKR647.4M making its interest coverage ratio 3.3. It has cash and short-term investments of LKR824.3M.
Key information
26.3%
Debt to equity ratio
LK₨1.13b
Debt
Interest coverage ratio | 3.3x |
Cash | LK₨824.28m |
Equity | LK₨4.29b |
Total liabilities | LK₨4.53b |
Total assets | LK₨8.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGPL.N0000's short term assets (LKR2.7B) exceed its short term liabilities (LKR1.8B).
Long Term Liabilities: AGPL.N0000's short term assets (LKR2.7B) exceed its long term liabilities (LKR2.7B).
Debt to Equity History and Analysis
Debt Level: AGPL.N0000's net debt to equity ratio (7.1%) 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 (37.3%).
Interest Coverage: AGPL.N0000's interest payments on its debt are well covered by EBIT (3.3x coverage).