Malwatte Valley Plantations Balance Sheet Health
Financial Health criteria checks 6/6
Malwatte Valley Plantations has a total shareholder equity of LKR6.5B and total debt of LKR486.5M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are LKR11.1B and LKR4.6B respectively. Malwatte Valley Plantations's EBIT is LKR619.8M making its interest coverage ratio -18.5. It has cash and short-term investments of LKR1.5B.
Key information
7.5%
Debt to equity ratio
LK₨486.47m
Debt
| Interest coverage ratio | -18.5x |
| Cash | LK₨1.52b |
| Equity | LK₨6.49b |
| Total liabilities | LK₨4.64b |
| Total assets | LK₨11.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAL.N0000's short term assets (LKR4.6B) exceed its short term liabilities (LKR2.2B).
Long Term Liabilities: MAL.N0000's short term assets (LKR4.6B) exceed its long term liabilities (LKR2.4B).
Debt to Equity History and Analysis
Debt Level: MAL.N0000 has more cash than its total debt.
Reducing Debt: MAL.N0000's debt to equity ratio has reduced from 33.2% to 7.5% over the past 5 years.
Debt Coverage: MAL.N0000's debt is well covered by operating cash flow (457%).
Interest Coverage: MAL.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.