Madulsima Plantations Balance Sheet Health
Financial Health criteria checks 2/6
Madulsima Plantations has a total shareholder equity of LKR138.3M and total debt of LKR5.0B, which brings its debt-to-equity ratio to 3621.3%. Its total assets and total liabilities are LKR8.3B and LKR8.2B respectively. Madulsima Plantations's EBIT is LKR32.9M making its interest coverage ratio 0. It has cash and short-term investments of LKR16.3M.
Key information
3,621.3%
Debt to equity ratio
LK₨5.01b
Debt
Interest coverage ratio | 0.04x |
Cash | LK₨16.27m |
Equity | LK₨138.31m |
Total liabilities | LK₨8.19b |
Total assets | LK₨8.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MADU.N0000's short term assets (LKR711.6M) do not cover its short term liabilities (LKR1.4B).
Long Term Liabilities: MADU.N0000's short term assets (LKR711.6M) do not cover its long term liabilities (LKR6.8B).
Debt to Equity History and Analysis
Debt Level: MADU.N0000's net debt to equity ratio (3609.5%) is considered high.
Reducing Debt: MADU.N0000's debt to equity ratio has increased from 121.4% to 3621.3% 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 MADU.N0000 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MADU.N0000 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29% per year.