Bairaha Farms Balance Sheet Health
Financial Health criteria checks 4/6
Bairaha Farms has a total shareholder equity of LKR5.5B and total debt of LKR2.4B, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are LKR9.1B and LKR3.7B respectively. Bairaha Farms's EBIT is LKR306.2M making its interest coverage ratio 0.7. It has cash and short-term investments of LKR297.5M.
Key information
43.4%
Debt to equity ratio
LK₨2.37b
Debt
Interest coverage ratio | 0.7x |
Cash | LK₨297.52m |
Equity | LK₨5.46b |
Total liabilities | LK₨3.66b |
Total assets | LK₨9.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BFL.N0000's short term assets (LKR3.6B) exceed its short term liabilities (LKR2.8B).
Long Term Liabilities: BFL.N0000's short term assets (LKR3.6B) exceed its long term liabilities (LKR863.6M).
Debt to Equity History and Analysis
Debt Level: BFL.N0000's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: BFL.N0000's debt to equity ratio has increased from 13.5% to 43.4% over the past 5 years.
Debt Coverage: BFL.N0000's debt is well covered by operating cash flow (54.1%).
Interest Coverage: BFL.N0000's interest payments on its debt are not well covered by EBIT (0.7x coverage).