Kelani Valley Plantations Balance Sheet Health
Financial Health criteria checks 6/6
Kelani Valley Plantations has a total shareholder equity of LKR8.2B and total debt of LKR1.6B, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are LKR16.2B and LKR8.0B respectively. Kelani Valley Plantations's EBIT is LKR2.0B making its interest coverage ratio -21.2. It has cash and short-term investments of LKR2.6B.
Key information
19.5%
Debt to equity ratio
LK₨1.60b
Debt
| Interest coverage ratio | -21.2x |
| Cash | LK₨2.62b |
| Equity | LK₨8.22b |
| Total liabilities | LK₨7.99b |
| Total assets | LK₨16.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KVAL.N0000's short term assets (LKR7.3B) exceed its short term liabilities (LKR3.7B).
Long Term Liabilities: KVAL.N0000's short term assets (LKR7.3B) exceed its long term liabilities (LKR4.3B).
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 53.9% to 19.5% over the past 5 years.
Debt Coverage: KVAL.N0000's debt is well covered by operating cash flow (89.1%).
Interest Coverage: KVAL.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.