Malwatte Valley Plantations Balance Sheet Health
Financial Health criteria checks 6/6
Malwatte Valley Plantations has a total shareholder equity of LKR6.3B and total debt of LKR706.0M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are LKR11.2B and LKR4.9B respectively. Malwatte Valley Plantations's EBIT is LKR503.3M making its interest coverage ratio -14.6. It has cash and short-term investments of LKR1.4B.
Key information
11.3%
Debt to equity ratio
LK₨705.95m
Debt
| Interest coverage ratio | -14.6x |
| Cash | LK₨1.39b |
| Equity | LK₨6.27b |
| Total liabilities | LK₨4.89b |
| Total assets | LK₨11.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAL.N0000's short term assets (LKR4.7B) exceed its short term liabilities (LKR2.6B).
Long Term Liabilities: MAL.N0000's short term assets (LKR4.7B) exceed its long term liabilities (LKR2.3B).
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 33.6% to 11.3% over the past 5 years.
Debt Coverage: MAL.N0000's debt is well covered by operating cash flow (90.3%).
Interest Coverage: MAL.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.