Maskeliya Plantations Balance Sheet Health
Financial Health criteria checks 5/6
Maskeliya Plantations has a total shareholder equity of LKR3.0B and total debt of LKR208.9M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are LKR6.8B and LKR3.8B respectively. Maskeliya Plantations's EBIT is LKR1.3B making its interest coverage ratio 10.3. It has cash and short-term investments of LKR339.0M.
Key information
7.0%
Debt to equity ratio
LK₨208.93m
Debt
| Interest coverage ratio | 10.3x |
| Cash | LK₨339.02m |
| Equity | LK₨2.97b |
| Total liabilities | LK₨3.81b |
| Total assets | LK₨6.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MASK.N0000's short term assets (LKR2.0B) exceed its short term liabilities (LKR1.6B).
Long Term Liabilities: MASK.N0000's short term assets (LKR2.0B) do not cover its long term liabilities (LKR2.3B).
Debt to Equity History and Analysis
Debt Level: MASK.N0000 has more cash than its total debt.
Reducing Debt: MASK.N0000's debt to equity ratio has reduced from 212.8% to 7% over the past 5 years.
Debt Coverage: MASK.N0000's debt is well covered by operating cash flow (453.2%).
Interest Coverage: MASK.N0000's interest payments on its debt are well covered by EBIT (10.3x coverage).