Melstacorp Balance Sheet Health
Financial Health criteria checks 6/6
Melstacorp has a total shareholder equity of LKR174.1B and total debt of LKR80.3B, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are LKR354.6B and LKR180.5B respectively. Melstacorp's EBIT is LKR38.9B making its interest coverage ratio 3.7. It has cash and short-term investments of LKR42.8B.
Key information
46.1%
Debt to equity ratio
LK₨80.30b
Debt
Interest coverage ratio | 3.7x |
Cash | LK₨42.85b |
Equity | LK₨174.11b |
Total liabilities | LK₨180.48b |
Total assets | LK₨354.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MELS.N0000's short term assets (LKR100.2B) exceed its short term liabilities (LKR99.3B).
Long Term Liabilities: MELS.N0000's short term assets (LKR100.2B) exceed its long term liabilities (LKR81.1B).
Debt to Equity History and Analysis
Debt Level: MELS.N0000's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: MELS.N0000's debt to equity ratio has reduced from 59% to 46.1% over the past 5 years.
Debt Coverage: MELS.N0000's debt is well covered by operating cash flow (24.2%).
Interest Coverage: MELS.N0000's interest payments on its debt are well covered by EBIT (3.7x coverage).