Nawaloka Hospitals Balance Sheet Health
Financial Health criteria checks 1/6
Nawaloka Hospitals has a total shareholder equity of LKR5.3B and total debt of LKR7.8B, which brings its debt-to-equity ratio to 148.5%. Its total assets and total liabilities are LKR18.2B and LKR12.9B respectively. Nawaloka Hospitals's EBIT is LKR1.6B making its interest coverage ratio 1.2. It has cash and short-term investments of LKR380.8M.
Key information
148.5%
Debt to equity ratio
LK₨7.83b
Debt
Interest coverage ratio | 1.2x |
Cash | LK₨380.82m |
Equity | LK₨5.27b |
Total liabilities | LK₨12.89b |
Total assets | LK₨18.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NHL.N0000's short term assets (LKR1.5B) do not cover its short term liabilities (LKR5.8B).
Long Term Liabilities: NHL.N0000's short term assets (LKR1.5B) do not cover its long term liabilities (LKR7.1B).
Debt to Equity History and Analysis
Debt Level: NHL.N0000's net debt to equity ratio (141.3%) is considered high.
Reducing Debt: NHL.N0000's debt to equity ratio has reduced from 280.2% to 148.5% over the past 5 years.
Debt Coverage: NHL.N0000's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: NHL.N0000's interest payments on its debt are not well covered by EBIT (1.2x coverage).