Keells Food Products Balance Sheet Health
Financial Health criteria checks 3/6
Keells Food Products has a total shareholder equity of LKR1.9B and total debt of LKR1.2B, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are LKR4.1B and LKR2.2B respectively.
Key information
60.0%
Debt to equity ratio
LK₨1.15b
Debt
Interest coverage ratio | n/a |
Cash | LK₨66.00m |
Equity | LK₨1.92b |
Total liabilities | LK₨2.17b |
Total assets | LK₨4.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KFP.N0000's short term assets (LKR2.1B) exceed its short term liabilities (LKR1.8B).
Long Term Liabilities: KFP.N0000's short term assets (LKR2.1B) exceed its long term liabilities (LKR338.5M).
Debt to Equity History and Analysis
Debt Level: KFP.N0000's net debt to equity ratio (56.5%) is considered high.
Reducing Debt: KFP.N0000's debt to equity ratio has increased from 2.1% to 60% over the past 5 years.
Debt Coverage: KFP.N0000's debt is well covered by operating cash flow (40.7%).
Interest Coverage: Insufficient data to determine if KFP.N0000's interest payments on its debt are well covered by EBIT.