Nestlé Lanka Balance Sheet Health
Financial Health criteria checks 6/6
Nestlé Lanka has a total shareholder equity of LKR9.8B and total debt of LKR11.9B, which brings its debt-to-equity ratio to 121.3%. Its total assets and total liabilities are LKR43.2B and LKR33.3B respectively. Nestlé Lanka's EBIT is LKR14.7B making its interest coverage ratio -3.1. It has cash and short-term investments of LKR16.3B.
Key information
121.3%
Debt to equity ratio
LK₨11.90b
Debt
| Interest coverage ratio | -3.1x |
| Cash | LK₨16.28b |
| Equity | LK₨9.81b |
| Total liabilities | LK₨33.35b |
| Total assets | LK₨43.16b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEST.N0000's short term assets (LKR33.0B) exceed its short term liabilities (LKR26.0B).
Long Term Liabilities: NEST.N0000's short term assets (LKR33.0B) exceed its long term liabilities (LKR7.4B).
Debt to Equity History and Analysis
Debt Level: NEST.N0000 has more cash than its total debt.
Reducing Debt: NEST.N0000's debt to equity ratio has reduced from 141.6% to 121.3% over the past 5 years.
Debt Coverage: NEST.N0000's debt is well covered by operating cash flow (74.4%).
Interest Coverage: NEST.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.