BPPL Holdings Balance Sheet Health
Financial Health criteria checks 3/6
BPPL Holdings has a total shareholder equity of LKR3.9B and total debt of LKR2.9B, which brings its debt-to-equity ratio to 74%. Its total assets and total liabilities are LKR7.7B and LKR3.9B respectively. BPPL Holdings's EBIT is LKR594.6M making its interest coverage ratio 2. It has cash and short-term investments of LKR124.5M.
Key information
74.0%
Debt to equity ratio
LK₨2.86b
Debt
Interest coverage ratio | 2x |
Cash | LK₨124.55m |
Equity | LK₨3.86b |
Total liabilities | LK₨3.86b |
Total assets | LK₨7.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BPPL.N0000's short term assets (LKR2.9B) exceed its short term liabilities (LKR2.4B).
Long Term Liabilities: BPPL.N0000's short term assets (LKR2.9B) exceed its long term liabilities (LKR1.5B).
Debt to Equity History and Analysis
Debt Level: BPPL.N0000's net debt to equity ratio (70.8%) is considered high.
Reducing Debt: BPPL.N0000's debt to equity ratio has increased from 68.2% to 74% over the past 5 years.
Debt Coverage: BPPL.N0000's debt is well covered by operating cash flow (27.5%).
Interest Coverage: BPPL.N0000's interest payments on its debt are not well covered by EBIT (2x coverage).