Renuka Foods Balance Sheet Health
Financial Health criteria checks 2/6
Renuka Foods has a total shareholder equity of LKR5.4B and total debt of LKR4.3B, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are LKR12.6B and LKR7.1B respectively.
Key information
78.4%
Debt to equity ratio
LK₨4.27b
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨933.67m |
| Equity | LK₨5.45b |
| Total liabilities | LK₨7.13b |
| Total assets | LK₨12.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COCO.X0000's short term assets (LKR6.8B) exceed its short term liabilities (LKR6.1B).
Long Term Liabilities: COCO.X0000's short term assets (LKR6.8B) exceed its long term liabilities (LKR1.1B).
Debt to Equity History and Analysis
Debt Level: COCO.X0000's net debt to equity ratio (61.3%) is considered high.
Reducing Debt: COCO.X0000's debt to equity ratio has increased from 26.7% to 78.4% over the past 5 years.
Debt Coverage: COCO.X0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if COCO.X0000's interest payments on its debt are well covered by EBIT.