Amãna Takaful Life Balance Sheet Health
Financial Health criteria checks 4/6
Amãna Takaful Life has a total shareholder equity of LKR610.1M and total debt of LKR108.5M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are LKR4.3B and LKR3.9B respectively. Amãna Takaful Life's EBIT is LKR56.8M making its interest coverage ratio 8.2. It has cash and short-term investments of LKR640.2M.
Key information
17.8%
Debt to equity ratio
LK₨108.53m
Debt
Interest coverage ratio | 8.2x |
Cash | LK₨640.20m |
Equity | LK₨610.06m |
Total liabilities | LK₨3.90b |
Total assets | LK₨4.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATLL.N0000's short term assets (LKR707.2M) exceed its short term liabilities (LKR169.5M).
Long Term Liabilities: ATLL.N0000's short term assets (LKR707.2M) do not cover its long term liabilities (LKR3.7B).
Debt to Equity History and Analysis
Debt Level: ATLL.N0000 has more cash than its total debt.
Reducing Debt: ATLL.N0000's debt to equity ratio has increased from 6.2% to 17.8% over the past 5 years.
Debt Coverage: ATLL.N0000's debt is well covered by operating cash flow (252.4%).
Interest Coverage: ATLL.N0000's interest payments on its debt are well covered by EBIT (8.2x coverage).