Udapussellawa Plantations Balance Sheet Health
Financial Health criteria checks 6/6
Udapussellawa Plantations has a total shareholder equity of LKR2.9B and total debt of LKR13.1M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are LKR4.5B and LKR1.6B respectively. Udapussellawa Plantations's EBIT is LKR475.9M making its interest coverage ratio -3.4. It has cash and short-term investments of LKR367.9M.
Key information
0.5%
Debt to equity ratio
LK₨13.05m
Debt
Interest coverage ratio | -3.4x |
Cash | LK₨367.94m |
Equity | LK₨2.90b |
Total liabilities | LK₨1.65b |
Total assets | LK₨4.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UDPL.N0000's short term assets (LKR1.5B) exceed its short term liabilities (LKR355.8M).
Long Term Liabilities: UDPL.N0000's short term assets (LKR1.5B) exceed its long term liabilities (LKR1.3B).
Debt to Equity History and Analysis
Debt Level: UDPL.N0000 has more cash than its total debt.
Reducing Debt: UDPL.N0000's debt to equity ratio has reduced from 114.4% to 0.5% over the past 5 years.
Debt Coverage: UDPL.N0000's debt is well covered by operating cash flow (1988.7%).
Interest Coverage: UDPL.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.