Maskeliya Plantations Balance Sheet Health
Financial Health criteria checks 4/6
Maskeliya Plantations has a total shareholder equity of LKR2.0B and total debt of LKR857.5M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are LKR6.0B and LKR4.1B respectively. Maskeliya Plantations's EBIT is LKR801.6M making its interest coverage ratio 4.4. It has cash and short-term investments of LKR153.4M.
Key information
43.1%
Debt to equity ratio
LK₨857.53m
Debt
Interest coverage ratio | 4.4x |
Cash | LK₨153.44m |
Equity | LK₨1.99b |
Total liabilities | LK₨4.05b |
Total assets | LK₨6.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MASK.N0000's short term assets (LKR1.6B) do not cover its short term liabilities (LKR2.2B).
Long Term Liabilities: MASK.N0000's short term assets (LKR1.6B) do not cover its long term liabilities (LKR1.9B).
Debt to Equity History and Analysis
Debt Level: MASK.N0000's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: MASK.N0000's debt to equity ratio has reduced from 127.5% to 43.1% over the past 5 years.
Debt Coverage: MASK.N0000's debt is well covered by operating cash flow (46.5%).
Interest Coverage: MASK.N0000's interest payments on its debt are well covered by EBIT (4.4x coverage).