Melstacorp Balance Sheet Health
Financial Health criteria checks 3/6
Melstacorp has a total shareholder equity of LKR157.8B and total debt of LKR95.2B, which brings its debt-to-equity ratio to 60.3%. Its total assets and total liabilities are LKR342.9B and LKR185.1B respectively. Melstacorp's EBIT is LKR38.1B making its interest coverage ratio 2.5. It has cash and short-term investments of LKR51.9B.
Key information
60.3%
Debt to equity ratio
LK₨95.21b
Debt
Interest coverage ratio | 2.5x |
Cash | LK₨51.90b |
Equity | LK₨157.80b |
Total liabilities | LK₨185.13b |
Total assets | LK₨342.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MELS.N0000's short term assets (LKR107.4B) exceed its short term liabilities (LKR105.5B).
Long Term Liabilities: MELS.N0000's short term assets (LKR107.4B) exceed its long term liabilities (LKR79.6B).
Debt to Equity History and Analysis
Debt Level: MELS.N0000's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: MELS.N0000's debt to equity ratio has increased from 47.9% to 60.3% over the past 5 years.
Debt Coverage: MELS.N0000's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: MELS.N0000's interest payments on its debt are not well covered by EBIT (2.5x coverage).