Asiri Hospital Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Asiri Hospital Holdings has a total shareholder equity of LKR22.9B and total debt of LKR18.6B, which brings its debt-to-equity ratio to 81.3%. Its total assets and total liabilities are LKR54.7B and LKR31.9B respectively. Asiri Hospital Holdings's EBIT is LKR5.6B making its interest coverage ratio 4.7. It has cash and short-term investments of LKR1.2B.
Key information
81.3%
Debt to equity ratio
LK₨18.60b
Debt
| Interest coverage ratio | 4.7x |
| Cash | LK₨1.22b |
| Equity | LK₨22.89b |
| Total liabilities | LK₨31.85b |
| Total assets | LK₨54.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASIR.N0000's short term assets (LKR15.3B) do not cover its short term liabilities (LKR22.4B).
Long Term Liabilities: ASIR.N0000's short term assets (LKR15.3B) exceed its long term liabilities (LKR9.5B).
Debt to Equity History and Analysis
Debt Level: ASIR.N0000's net debt to equity ratio (75.9%) is considered high.
Reducing Debt: ASIR.N0000's debt to equity ratio has reduced from 158.1% to 81.3% over the past 5 years.
Debt Coverage: ASIR.N0000's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: ASIR.N0000's interest payments on its debt are well covered by EBIT (4.7x coverage).