Three Acre Farms Balance Sheet Health
Financial Health criteria checks 6/6
Three Acre Farms has a total shareholder equity of LKR8.3B and total debt of LKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are LKR9.8B and LKR1.5B respectively. Three Acre Farms's EBIT is LKR2.6B making its interest coverage ratio -4.1. It has cash and short-term investments of LKR6.0B.
Key information
0%
Debt to equity ratio
LK₨0
Debt
| Interest coverage ratio | -4.1x |
| Cash | LK₨5.96b |
| Equity | LK₨8.27b |
| Total liabilities | LK₨1.51b |
| Total assets | LK₨9.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAFL.N0000's short term assets (LKR7.7B) exceed its short term liabilities (LKR1.1B).
Long Term Liabilities: TAFL.N0000's short term assets (LKR7.7B) exceed its long term liabilities (LKR425.8M).
Debt to Equity History and Analysis
Debt Level: TAFL.N0000 is debt free.
Reducing Debt: TAFL.N0000 had no debt 5 years ago.
Debt Coverage: TAFL.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TAFL.N0000 has no debt, therefore coverage of interest payments is not a concern.