Asiri Hospital Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Asiri Hospital Holdings has a total shareholder equity of LKR21.5B and total debt of LKR18.6B, which brings its debt-to-equity ratio to 86.5%. Its total assets and total liabilities are LKR50.8B and LKR29.3B respectively. Asiri Hospital Holdings's EBIT is LKR6.2B making its interest coverage ratio 2.7. It has cash and short-term investments of LKR1.9B.
Key information
86.5%
Debt to equity ratio
LK₨18.58b
Debt
Interest coverage ratio | 2.7x |
Cash | LK₨1.90b |
Equity | LK₨21.48b |
Total liabilities | LK₨29.29b |
Total assets | LK₨50.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASIR.N0000's short term assets (LKR11.9B) do not cover its short term liabilities (LKR20.1B).
Long Term Liabilities: ASIR.N0000's short term assets (LKR11.9B) exceed its long term liabilities (LKR9.2B).
Debt to Equity History and Analysis
Debt Level: ASIR.N0000's net debt to equity ratio (77.7%) is considered high.
Reducing Debt: ASIR.N0000's debt to equity ratio has reduced from 118% to 86.5% over the past 5 years.
Debt Coverage: ASIR.N0000's debt is well covered by operating cash flow (22.5%).
Interest Coverage: ASIR.N0000's interest payments on its debt are not well covered by EBIT (2.7x coverage).