HNB Assurance Balance Sheet Health
Financial Health criteria checks 3/6
HNB Assurance has a total shareholder equity of LKR10.3B and total debt of LKR471.3M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are LKR51.3B and LKR41.0B respectively. HNB Assurance's EBIT is LKR2.8B making its interest coverage ratio 15.2. It has cash and short-term investments of LKR1.9B.
Key information
4.6%
Debt to equity ratio
LK₨471.27m
Debt
Interest coverage ratio | 15.2x |
Cash | LK₨1.91b |
Equity | LK₨10.28b |
Total liabilities | LK₨40.99b |
Total assets | LK₨51.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HASU.N0000's short term assets (LKR6.0B) do not cover its short term liabilities (LKR9.4B).
Long Term Liabilities: HASU.N0000's short term assets (LKR6.0B) do not cover its long term liabilities (LKR31.6B).
Debt to Equity History and Analysis
Debt Level: HASU.N0000 has more cash than its total debt.
Reducing Debt: HASU.N0000's debt to equity ratio has increased from 2.1% to 4.6% over the past 5 years.
Debt Coverage: HASU.N0000's debt is well covered by operating cash flow (354.2%).
Interest Coverage: HASU.N0000's interest payments on its debt are well covered by EBIT (15.2x coverage).