Hatton Plantations Balance Sheet Health
Financial Health criteria checks 5/6
Hatton Plantations has a total shareholder equity of LKR4.6B and total debt of LKR485.8M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are LKR7.3B and LKR2.7B respectively. Hatton Plantations's EBIT is LKR853.8M making its interest coverage ratio 27.4. It has cash and short-term investments of LKR735.1M.
Key information
10.5%
Debt to equity ratio
LK₨485.83m
Debt
Interest coverage ratio | 27.4x |
Cash | LK₨735.15m |
Equity | LK₨4.61b |
Total liabilities | LK₨2.72b |
Total assets | LK₨7.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPL.N0000's short term assets (LKR2.2B) exceed its short term liabilities (LKR980.8M).
Long Term Liabilities: HPL.N0000's short term assets (LKR2.2B) exceed its long term liabilities (LKR1.7B).
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 increased from 10.4% to 10.5% over the past 5 years.
Debt Coverage: HPL.N0000's debt is well covered by operating cash flow (201.2%).
Interest Coverage: HPL.N0000's interest payments on its debt are well covered by EBIT (27.4x coverage).