Tea Smallholder Factories Balance Sheet Health
Financial Health criteria checks 4/6
Tea Smallholder Factories has a total shareholder equity of LKR1.6B and total debt of LKR97.8M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are LKR2.2B and LKR627.7M respectively.
Key information
6.2%
Debt to equity ratio
LK₨97.76m
Debt
Interest coverage ratio | n/a |
Cash | LK₨7.56m |
Equity | LK₨1.58b |
Total liabilities | LK₨627.73m |
Total assets | LK₨2.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSML.N0000's short term assets (LKR562.1M) exceed its short term liabilities (LKR322.0M).
Long Term Liabilities: TSML.N0000's short term assets (LKR562.1M) exceed its long term liabilities (LKR305.7M).
Debt to Equity History and Analysis
Debt Level: TSML.N0000's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: TSML.N0000's debt to equity ratio has increased from 2.2% to 6.2% over the past 5 years.
Debt Coverage: TSML.N0000's debt is well covered by operating cash flow (36%).
Interest Coverage: Insufficient data to determine if TSML.N0000's interest payments on its debt are well covered by EBIT.