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 ratio | 3.5x |
Cash | LK₨80.20m |
Equity | LK₨1.95b |
Total liabilities | LK₨1.62b |
Total assets | LK₨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).