Nestlé Lanka PLC

COSE:NEST.N0000 Stock Report

Market Cap: LK₨60.2b

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

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
CashLK₨16.28b
EquityLK₨9.81b
Total liabilitiesLK₨33.35b
Total assetsLK₨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.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/31 05:05
End of Day Share Price 2023/05/03 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nestlé Lanka PLC is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Semini MendisAsia Securities (Private) Limited
null nullCT CLSA Securities
null nullFirst Capital Holdings PLC