Bogawantalawa Tea Estates Balance Sheet Health
Financial Health criteria checks 5/6
Bogawantalawa Tea Estates has a total shareholder equity of LKR3.9B and total debt of LKR615.4M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are LKR8.3B and LKR4.4B respectively. Bogawantalawa Tea Estates's EBIT is LKR739.4M making its interest coverage ratio 5.5. It has cash and short-term investments of LKR1.3B.
Key information
15.7%
Debt to equity ratio
LK₨615.44m
Debt
| Interest coverage ratio | 5.5x |
| Cash | LK₨1.30b |
| Equity | LK₨3.93b |
| Total liabilities | LK₨4.40b |
| Total assets | LK₨8.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BOPL.N0000's short term assets (LKR2.4B) exceed its short term liabilities (LKR840.2M).
Long Term Liabilities: BOPL.N0000's short term assets (LKR2.4B) do not cover its long term liabilities (LKR3.6B).
Debt to Equity History and Analysis
Debt Level: BOPL.N0000 has more cash than its total debt.
Reducing Debt: BOPL.N0000's debt to equity ratio has reduced from 223.5% to 15.7% over the past 5 years.
Debt Coverage: BOPL.N0000's debt is well covered by operating cash flow (181.8%).
Interest Coverage: BOPL.N0000's interest payments on its debt are well covered by EBIT (5.5x coverage).