eChannelling Balance Sheet Health
Financial Health criteria checks 5/6
eChannelling has a total shareholder equity of LKR443.1M and total debt of LKR3.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are LKR588.5M and LKR145.4M respectively. eChannelling's EBIT is LKR15.8M making its interest coverage ratio -0.4. It has cash and short-term investments of LKR328.0M.
Key information
0.7%
Debt to equity ratio
LK₨2.97m
Debt
| Interest coverage ratio | -0.4x |
| Cash | LK₨327.99m |
| Equity | LK₨443.10m |
| Total liabilities | LK₨145.41m |
| Total assets | LK₨588.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECL.N0000's short term assets (LKR572.2M) exceed its short term liabilities (LKR134.2M).
Long Term Liabilities: ECL.N0000's short term assets (LKR572.2M) exceed its long term liabilities (LKR11.2M).
Debt to Equity History and Analysis
Debt Level: ECL.N0000 has more cash than its total debt.
Reducing Debt: ECL.N0000's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: ECL.N0000's debt is well covered by operating cash flow (143.9%).
Interest Coverage: ECL.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.