The Swadeshi Industrial Works PLC

COSE:SWAD.N0000 Stock Report

Market Cap: LK₨2.2b

Swadeshi Industrial Works Balance Sheet Health

Financial Health criteria checks 5/6

Swadeshi Industrial Works has a total shareholder equity of LKR2.0B and total debt of LKR513.0M, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are LKR3.6B and LKR1.6B respectively. Swadeshi Industrial Works's EBIT is LKR117.4M making its interest coverage ratio 3.5. It has cash and short-term investments of LKR80.2M.

Key information

26.3%

Debt to equity ratio

LK₨512.98m

Debt

Interest coverage ratio3.5x
CashLK₨80.20m
EquityLK₨1.95b
Total liabilitiesLK₨1.62b
Total assetsLK₨3.57b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SWAD.N0000's short term assets (LKR1.7B) exceed its short term liabilities (LKR1.0B).

Long Term Liabilities: SWAD.N0000's short term assets (LKR1.7B) exceed its long term liabilities (LKR589.4M).


Debt to Equity History and Analysis

Debt Level: SWAD.N0000's net debt to equity ratio (22.2%) is considered satisfactory.

Reducing Debt: SWAD.N0000's debt to equity ratio has reduced from 48.9% to 26.3% over the past 5 years.

Debt Coverage: SWAD.N0000's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SWAD.N0000's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


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