Convenience Foods (Lanka) Balance Sheet Health
Financial Health criteria checks 6/6
Convenience Foods (Lanka) has a total shareholder equity of LKR3.0B and total debt of LKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are LKR4.0B and LKR1.0B respectively. Convenience Foods (Lanka)'s EBIT is LKR713.7M making its interest coverage ratio -8.4. It has cash and short-term investments of LKR1.7B.
Key information
0%
Debt to equity ratio
LK₨0
Debt
| Interest coverage ratio | -8.4x |
| Cash | LK₨1.65b |
| Equity | LK₨3.02b |
| Total liabilities | LK₨1.03b |
| Total assets | LK₨4.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOY.N0000's short term assets (LKR3.4B) exceed its short term liabilities (LKR799.6M).
Long Term Liabilities: SOY.N0000's short term assets (LKR3.4B) exceed its long term liabilities (LKR230.9M).
Debt to Equity History and Analysis
Debt Level: SOY.N0000 is debt free.
Reducing Debt: SOY.N0000 had no debt 5 years ago.
Debt Coverage: SOY.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SOY.N0000 has no debt, therefore coverage of interest payments is not a concern.