Kelani Valley Plantations Balance Sheet Health
Financial Health criteria checks 6/6
Kelani Valley Plantations has a total shareholder equity of LKR7.7B and total debt of LKR974.8M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are LKR14.1B and LKR6.4B respectively. Kelani Valley Plantations's EBIT is LKR1.6B making its interest coverage ratio 6.8. It has cash and short-term investments of LKR1.7B.
Key information
12.7%
Debt to equity ratio
LK₨974.81m
Debt
Interest coverage ratio | 6.8x |
Cash | LK₨1.68b |
Equity | LK₨7.67b |
Total liabilities | LK₨6.40b |
Total assets | LK₨14.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KVAL.N0000's short term assets (LKR5.8B) exceed its short term liabilities (LKR3.0B).
Long Term Liabilities: KVAL.N0000's short term assets (LKR5.8B) exceed its long term liabilities (LKR3.4B).
Debt to Equity History and Analysis
Debt Level: KVAL.N0000 has more cash than its total debt.
Reducing Debt: KVAL.N0000's debt to equity ratio has reduced from 50.5% to 12.7% over the past 5 years.
Debt Coverage: KVAL.N0000's debt is well covered by operating cash flow (311%).
Interest Coverage: KVAL.N0000's interest payments on its debt are well covered by EBIT (6.8x coverage).