Distilleries Company of Sri Lanka PLC

COSE:DIST.N0000 Stock Report

Market Cap: LK₨129.7b

Distilleries Company of Sri Lanka Balance Sheet Health

Financial Health criteria checks 6/6

Distilleries Company of Sri Lanka has a total shareholder equity of LKR9.5B and total debt of LKR3.1B, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are LKR31.4B and LKR21.9B respectively. Distilleries Company of Sri Lanka's EBIT is LKR23.2B making its interest coverage ratio 131.6. It has cash and short-term investments of LKR941.8M.

Key information


Debt to equity ratio



Interest coverage ratio131.6x
Total liabilitiesLK₨21.91b
Total assetsLK₨31.39b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: DIST.N0000's short term assets (LKR21.7B) exceed its short term liabilities (LKR19.8B).

Long Term Liabilities: DIST.N0000's short term assets (LKR21.7B) exceed its long term liabilities (LKR2.1B).

Debt to Equity History and Analysis

Debt Level: DIST.N0000's net debt to equity ratio (22.6%) is considered satisfactory.

Reducing Debt: DIST.N0000's debt to equity ratio has reduced from 66.3% to 32.6% over the past 5 years.

Debt Coverage: DIST.N0000's debt is well covered by operating cash flow (570.2%).

Interest Coverage: DIST.N0000's interest payments on its debt are well covered by EBIT (131.6x coverage).

Balance Sheet

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