Amãna Takaful Balance Sheet Health
Financial Health criteria checks 5/6
Amãna Takaful has a total shareholder equity of LKR5.4B and total debt of LKR322.7M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are LKR15.5B and LKR10.1B respectively. Amãna Takaful's EBIT is LKR266.8M making its interest coverage ratio 5.6. It has cash and short-term investments of LKR2.7B.
Key information
6.0%
Debt to equity ratio
LK₨322.69m
Debt
Interest coverage ratio | 5.6x |
Cash | LK₨2.67b |
Equity | LK₨5.39b |
Total liabilities | LK₨10.11b |
Total assets | LK₨15.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATL.N0000's short term assets (LKR4.8B) do not cover its short term liabilities (LKR6.2B).
Long Term Liabilities: ATL.N0000's short term assets (LKR4.8B) exceed its long term liabilities (LKR3.9B).
Debt to Equity History and Analysis
Debt Level: ATL.N0000 has more cash than its total debt.
Reducing Debt: ATL.N0000's debt to equity ratio has reduced from 12.5% to 6% over the past 5 years.
Debt Coverage: ATL.N0000's debt is well covered by operating cash flow (350.7%).
Interest Coverage: ATL.N0000's interest payments on its debt are well covered by EBIT (5.6x coverage).