Lanka Milk Foods (CWE) Balance Sheet Health
Financial Health criteria checks 4/6
Lanka Milk Foods (CWE) has a total shareholder equity of LKR21.8B and total debt of LKR5.9B, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are LKR30.4B and LKR8.7B respectively. Lanka Milk Foods (CWE)'s EBIT is LKR324.7M making its interest coverage ratio -0.6. It has cash and short-term investments of LKR475.0M.
Key information
27.3%
Debt to equity ratio
LK₨5.93b
Debt
| Interest coverage ratio | -0.6x |
| Cash | LK₨474.98m |
| Equity | LK₨21.76b |
| Total liabilities | LK₨8.68b |
| Total assets | LK₨30.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LMF.N0000's short term assets (LKR7.0B) exceed its short term liabilities (LKR5.7B).
Long Term Liabilities: LMF.N0000's short term assets (LKR7.0B) exceed its long term liabilities (LKR2.9B).
Debt to Equity History and Analysis
Debt Level: LMF.N0000's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: LMF.N0000's debt to equity ratio has increased from 9.1% to 27.3% over the past 5 years.
Debt Coverage: LMF.N0000's debt is not well covered by operating cash flow (1%).
Interest Coverage: LMF.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 21:55 |
| End of Day Share Price | 2024/12/30 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 |
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| 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
Lanka Milk Foods (CWE) PLC is covered by 1 analysts. 0 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 |
|---|---|
| Nilakshi De Mel | Capital Alliance Securities (Private) Ltd. |