Keells Food Products Balance Sheet Health
Financial Health criteria checks 2/6
Keells Food Products has a total shareholder equity of LKR1.9B and total debt of LKR1.1B, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are LKR4.0B and LKR2.1B respectively. Keells Food Products's EBIT is LKR52.7M making its interest coverage ratio 0.6. It has cash and short-term investments of LKR58.1M.
Key information
59.0%
Debt to equity ratio
LK₨1.11b
Debt
| Interest coverage ratio | 0.6x |
| Cash | LK₨58.14m |
| Equity | LK₨1.88b |
| Total liabilities | LK₨2.12b |
| Total assets | LK₨4.00b |
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 (LKR1.7B).
Long Term Liabilities: KFP.N0000's short term assets (LKR2.1B) exceed its long term liabilities (LKR389.2M).
Debt to Equity History and Analysis
Debt Level: KFP.N0000's net debt to equity ratio (55.9%) is considered high.
Reducing Debt: KFP.N0000's debt to equity ratio has increased from 14% to 59% over the past 5 years.
Debt Coverage: KFP.N0000's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: KFP.N0000's interest payments on its debt are not well covered by EBIT (0.6x coverage).