Watawala Plantations Balance Sheet Health
Financial Health criteria checks 6/6
Watawala Plantations has a total shareholder equity of LKR6.0B and total debt of LKR557.9M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are LKR9.7B and LKR3.7B respectively. Watawala Plantations's EBIT is LKR2.7B making its interest coverage ratio -26.1. It has cash and short-term investments of LKR2.2B.
Key information
9.4%
Debt to equity ratio
LK₨557.93m
Debt
| Interest coverage ratio | -26.1x |
| Cash | LK₨2.23b |
| Equity | LK₨5.96b |
| Total liabilities | LK₨3.75b |
| Total assets | LK₨9.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WATA.N0000's short term assets (LKR3.2B) exceed its short term liabilities (LKR1.3B).
Long Term Liabilities: WATA.N0000's short term assets (LKR3.2B) exceed its long term liabilities (LKR2.4B).
Debt to Equity History and Analysis
Debt Level: WATA.N0000 has more cash than its total debt.
Reducing Debt: WATA.N0000's debt to equity ratio has reduced from 24.8% to 9.4% over the past 5 years.
Debt Coverage: WATA.N0000's debt is well covered by operating cash flow (683.9%).
Interest Coverage: WATA.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 20:49 |
| End of Day Share Price | 2024/12/24 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
Watawala Plantations PLC is covered by 2 analysts. 0 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 |
|---|---|
| James McCafferty | CGS International |
| Hiruni Perera | First Capital Holdings PLC |