Nestlé Lanka PLC

COSE:NEST.N0000 Stock Report

Market Cap: LK₨60.2b

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


Debt to equity ratio



Interest coverage ratio-3.1x
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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