People's Insurance Balance Sheet Health
Financial Health criteria checks 5/6
People's Insurance has a total shareholder equity of LKR5.2B and total debt of LKR75.3M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are LKR12.1B and LKR6.9B respectively. People's Insurance's EBIT is LKR857.8M making its interest coverage ratio 11.7. It has cash and short-term investments of LKR108.7M.
Key information
1.4%
Debt to equity ratio
LK₨75.34m
Debt
| Interest coverage ratio | 11.7x |
| Cash | LK₨108.66m |
| Equity | LK₨5.25b |
| Total liabilities | LK₨6.90b |
| Total assets | LK₨12.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PINS.N0000's short term assets (LKR1.9B) do not cover its short term liabilities (LKR5.5B).
Long Term Liabilities: PINS.N0000's short term assets (LKR1.9B) exceed its long term liabilities (LKR1.4B).
Debt to Equity History and Analysis
Debt Level: PINS.N0000 has more cash than its total debt.
Reducing Debt: PINS.N0000's debt to equity ratio has reduced from 2.5% to 1.4% over the past 5 years.
Debt Coverage: PINS.N0000's debt is well covered by operating cash flow (1376.4%).
Interest Coverage: PINS.N0000's interest payments on its debt are well covered by EBIT (11.7x coverage).