Kotagala Plantations Balance Sheet Health
Financial Health criteria checks 3/6
Kotagala Plantations has a total shareholder equity of LKR1.8B and total debt of LKR1.8B, which brings its debt-to-equity ratio to 101.9%. Its total assets and total liabilities are LKR8.8B and LKR6.9B respectively. Kotagala Plantations's EBIT is LKR454.8M making its interest coverage ratio 1.2. It has cash and short-term investments of LKR179.1M.
Key information
101.9%
Debt to equity ratio
LK₨1.84b
Debt
| Interest coverage ratio | 1.2x |
| Cash | LK₨179.08m |
| Equity | LK₨1.81b |
| Total liabilities | LK₨6.95b |
| Total assets | LK₨8.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOTA.N0000's short term assets (LKR1.1B) do not cover its short term liabilities (LKR2.0B).
Long Term Liabilities: KOTA.N0000's short term assets (LKR1.1B) do not cover its long term liabilities (LKR5.0B).
Debt to Equity History and Analysis
Debt Level: KOTA.N0000's net debt to equity ratio (92%) is considered high.
Reducing Debt: KOTA.N0000's debt to equity ratio has reduced from 274.5% to 101.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable KOTA.N0000 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: KOTA.N0000 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.4% per year.