Hatton Plantations Balance Sheet Health
Financial Health criteria checks 6/6
Hatton Plantations has a total shareholder equity of LKR4.9B and total debt of LKR197.5M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are LKR8.1B and LKR3.2B respectively. Hatton Plantations's EBIT is LKR1.4B making its interest coverage ratio 22.6. It has cash and short-term investments of LKR1.4B.
Key information
4.0%
Debt to equity ratio
LK₨197.48m
Debt
| Interest coverage ratio | 22.6x |
| Cash | LK₨1.43b |
| Equity | LK₨4.90b |
| Total liabilities | LK₨3.18b |
| Total assets | LK₨8.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPL.N0000's short term assets (LKR2.5B) exceed its short term liabilities (LKR871.8M).
Long Term Liabilities: HPL.N0000's short term assets (LKR2.5B) exceed its long term liabilities (LKR2.3B).
Debt to Equity History and Analysis
Debt Level: HPL.N0000 has more cash than its total debt.
Reducing Debt: HPL.N0000's debt to equity ratio has reduced from 9.6% to 4% over the past 5 years.
Debt Coverage: HPL.N0000's debt is well covered by operating cash flow (996.7%).
Interest Coverage: HPL.N0000's interest payments on its debt are well covered by EBIT (22.6x coverage).