People's Insurance Balance Sheet Health
Financial Health criteria checks 5/6
People's Insurance has a total shareholder equity of LKR5.6B and total debt of LKR126.4M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are LKR12.7B and LKR7.0B respectively. People's Insurance's EBIT is LKR726.1M making its interest coverage ratio 11. It has cash and short-term investments of LKR464.9M.
Key information
2.2%
Debt to equity ratio
LK₨126.36m
Debt
| Interest coverage ratio | 11x |
| Cash | LK₨464.90m |
| Equity | LK₨5.62b |
| Total liabilities | LK₨7.04b |
| Total assets | LK₨12.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PINS.N0000's short term assets (LKR2.6B) do not cover its short term liabilities (LKR5.8B).
Long Term Liabilities: PINS.N0000's short term assets (LKR2.6B) exceed its long term liabilities (LKR1.2B).
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 4.4% to 2.2% over the past 5 years.
Debt Coverage: PINS.N0000's debt is well covered by operating cash flow (696%).
Interest Coverage: PINS.N0000's interest payments on its debt are well covered by EBIT (11x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 02:07 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
People's Insurance PLC is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kavinda Perera | Tellimer Research |