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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 02:38 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Keells Food Products PLC is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Semini Mendis | Asia Securities (Private) Limited |
| Pravena Yogendra | JB Securities (Pvt) Ltd |