Bogawantalawa Tea Estates Balance Sheet Health
Financial Health criteria checks 5/6
Bogawantalawa Tea Estates has a total shareholder equity of LKR2.9B and total debt of LKR948.9M, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are LKR7.4B and LKR4.4B respectively. Bogawantalawa Tea Estates's EBIT is LKR346.2M making its interest coverage ratio 3.1. It has cash and short-term investments of LKR705.3M.
Key information
32.2%
Debt to equity ratio
LK₨948.89m
Debt
Interest coverage ratio | 3.1x |
Cash | LK₨705.32m |
Equity | LK₨2.95b |
Total liabilities | LK₨4.44b |
Total assets | LK₨7.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BOPL.N0000's short term assets (LKR1.9B) exceed its short term liabilities (LKR672.0M).
Long Term Liabilities: BOPL.N0000's short term assets (LKR1.9B) do not cover its long term liabilities (LKR3.8B).
Debt to Equity History and Analysis
Debt Level: BOPL.N0000's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: BOPL.N0000's debt to equity ratio has reduced from 118% to 32.2% over the past 5 years.
Debt Coverage: BOPL.N0000's debt is well covered by operating cash flow (54%).
Interest Coverage: BOPL.N0000's interest payments on its debt are well covered by EBIT (3.1x coverage).