Renuka Agri Foods Balance Sheet Health
Financial Health criteria checks 2/6
Renuka Agri Foods has a total shareholder equity of LKR4.1B and total debt of LKR2.7B, which brings its debt-to-equity ratio to 64.9%. Its total assets and total liabilities are LKR7.7B and LKR3.6B respectively.
Key information
64.9%
Debt to equity ratio
LK₨2.66b
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨793.07m |
| Equity | LK₨4.09b |
| Total liabilities | LK₨3.62b |
| Total assets | LK₨7.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAL.N0000's short term assets (LKR3.5B) exceed its short term liabilities (LKR3.1B).
Long Term Liabilities: RAL.N0000's short term assets (LKR3.5B) exceed its long term liabilities (LKR561.1M).
Debt to Equity History and Analysis
Debt Level: RAL.N0000's net debt to equity ratio (45.5%) is considered high.
Reducing Debt: RAL.N0000's debt to equity ratio has increased from 13% to 64.9% over the past 5 years.
Debt Coverage: RAL.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RAL.N0000's interest payments on its debt are well covered by EBIT.