Kotagala Plantations Balance Sheet Health
Financial Health criteria checks 3/6
Kotagala Plantations has a total shareholder equity of LKR1.9B and total debt of LKR2.1B, which brings its debt-to-equity ratio to 110.3%. Its total assets and total liabilities are LKR8.1B and LKR6.2B respectively. Kotagala Plantations's EBIT is LKR514.7M making its interest coverage ratio 1.7. It has cash and short-term investments of LKR34.2M.
Key information
110.3%
Debt to equity ratio
LK₨2.08b
Debt
Interest coverage ratio | 1.7x |
Cash | LK₨34.19m |
Equity | LK₨1.89b |
Total liabilities | LK₨6.21b |
Total assets | LK₨8.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOTA.N0000's short term assets (LKR984.6M) do not cover its short term liabilities (LKR1.8B).
Long Term Liabilities: KOTA.N0000's short term assets (LKR984.6M) do not cover its long term liabilities (LKR4.4B).
Debt to Equity History and Analysis
Debt Level: KOTA.N0000's net debt to equity ratio (108.5%) is considered high.
Reducing Debt: KOTA.N0000's debt to equity ratio has reduced from 172% to 110.3% 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 51.5% per year.