Renuka Foods Balance Sheet Health
Financial Health criteria checks 2/6
Renuka Foods has a total shareholder equity of LKR5.1B and total debt of LKR3.4B, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are LKR11.3B and LKR6.2B respectively.
Key information
66.1%
Debt to equity ratio
LK₨3.37b
Debt
Interest coverage ratio | n/a |
Cash | LK₨345.85m |
Equity | LK₨5.10b |
Total liabilities | LK₨6.17b |
Total assets | LK₨11.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COCO.N0000's short term assets (LKR5.4B) exceed its short term liabilities (LKR4.8B).
Long Term Liabilities: COCO.N0000's short term assets (LKR5.4B) exceed its long term liabilities (LKR1.4B).
Debt to Equity History and Analysis
Debt Level: COCO.N0000's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: COCO.N0000's debt to equity ratio has increased from 32.1% to 66.1% over the past 5 years.
Debt Coverage: COCO.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if COCO.N0000's interest payments on its debt are well covered by EBIT.