Amãna Takaful Balance Sheet Health
Financial Health criteria checks 5/6
Amãna Takaful has a total shareholder equity of LKR6.3B and total debt of LKR405.3M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are LKR18.4B and LKR12.0B respectively. Amãna Takaful's EBIT is LKR913.0M making its interest coverage ratio 15.9. It has cash and short-term investments of LKR2.9B.
Key information
6.4%
Debt to equity ratio
LK₨405.26m
Debt
| Interest coverage ratio | 15.9x |
| Cash | LK₨2.94b |
| Equity | LK₨6.34b |
| Total liabilities | LK₨12.05b |
| Total assets | LK₨18.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATL.N0000's short term assets (LKR5.3B) do not cover its short term liabilities (LKR7.6B).
Long Term Liabilities: ATL.N0000's short term assets (LKR5.3B) exceed its long term liabilities (LKR4.5B).
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 10.6% to 6.4% over the past 5 years.
Debt Coverage: ATL.N0000's debt is well covered by operating cash flow (419.8%).
Interest Coverage: ATL.N0000's interest payments on its debt are well covered by EBIT (15.9x coverage).