Renuka Agri Foods Balance Sheet Health
Financial Health criteria checks 4/6
Renuka Agri Foods has a total shareholder equity of LKR4.1B and total debt of LKR1.6B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are LKR7.5B and LKR3.4B respectively.
Key information
38.8%
Debt to equity ratio
LK₨1.59b
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨196.72m |
| Equity | LK₨4.09b |
| Total liabilities | LK₨3.40b |
| Total assets | LK₨7.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAL.N0000's short term assets (LKR3.2B) exceed its short term liabilities (LKR2.7B).
Long Term Liabilities: RAL.N0000's short term assets (LKR3.2B) exceed its long term liabilities (LKR699.8M).
Debt to Equity History and Analysis
Debt Level: RAL.N0000's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: RAL.N0000's debt to equity ratio has increased from 10.6% to 38.8% over the past 5 years.
Debt Coverage: RAL.N0000's debt is well covered by operating cash flow (41.2%).
Interest Coverage: Insufficient data to determine if RAL.N0000's interest payments on its debt are well covered by EBIT.