Hapugastenne Plantations Balance Sheet Health
Financial Health criteria checks 4/6
Hapugastenne Plantations has a total shareholder equity of LKR3.4B and total debt of LKR507.3M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are LKR7.8B and LKR4.4B respectively. Hapugastenne Plantations's EBIT is LKR75.9M making its interest coverage ratio 0.2. It has cash and short-term investments of LKR104.2M.
Key information
15.1%
Debt to equity ratio
LK₨507.25m
Debt
Interest coverage ratio | 0.2x |
Cash | LK₨104.15m |
Equity | LK₨3.35b |
Total liabilities | LK₨4.44b |
Total assets | LK₨7.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAPU.N0000's short term assets (LKR807.3M) do not cover its short term liabilities (LKR1.9B).
Long Term Liabilities: HAPU.N0000's short term assets (LKR807.3M) do not cover its long term liabilities (LKR2.5B).
Debt to Equity History and Analysis
Debt Level: HAPU.N0000's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: HAPU.N0000's debt to equity ratio has reduced from 96.2% to 15.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable HAPU.N0000 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HAPU.N0000 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 39.3% per year.