Sunshine Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Sunshine Holdings has a total shareholder equity of LKR23.5B and total debt of LKR9.1B, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are LKR46.5B and LKR22.9B respectively. Sunshine Holdings's EBIT is LKR8.6B making its interest coverage ratio 19.7. It has cash and short-term investments of LKR6.6B.
Key information
38.6%
Debt to equity ratio
LK₨9.07b
Debt
| Interest coverage ratio | 19.7x |
| Cash | LK₨6.57b |
| Equity | LK₨23.52b |
| Total liabilities | LK₨22.95b |
| Total assets | LK₨46.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUN.N0000's short term assets (LKR32.5B) exceed its short term liabilities (LKR18.0B).
Long Term Liabilities: SUN.N0000's short term assets (LKR32.5B) exceed its long term liabilities (LKR5.0B).
Debt to Equity History and Analysis
Debt Level: SUN.N0000's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: SUN.N0000's debt to equity ratio has reduced from 38.9% to 38.6% over the past 5 years.
Debt Coverage: SUN.N0000's debt is well covered by operating cash flow (42.8%).
Interest Coverage: SUN.N0000's interest payments on its debt are well covered by EBIT (19.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 05:55 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Sunshine Holdings PLC is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishara Nilam | Capital Alliance Securities (Private) Ltd. |
| null null | CT CLSA Securities |