Softlogic Capital Balance Sheet Health
Financial Health criteria checks 1/6
Softlogic Capital has a total shareholder equity of LKR8.3B and total debt of LKR21.8B, which brings its debt-to-equity ratio to 261.9%. Its total assets and total liabilities are LKR70.8B and LKR62.4B respectively. Softlogic Capital's EBIT is LKR4.8B making its interest coverage ratio 0.7. It has cash and short-term investments of LKR6.8B.
Key information
261.9%
Debt to equity ratio
LK₨21.82b
Debt
Interest coverage ratio | 0.7x |
Cash | LK₨6.82b |
Equity | LK₨8.33b |
Total liabilities | LK₨62.45b |
Total assets | LK₨70.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCAP.N0000's short term assets (LKR11.9B) exceed its short term liabilities (LKR5.9B).
Long Term Liabilities: SCAP.N0000's short term assets (LKR11.9B) do not cover its long term liabilities (LKR56.6B).
Debt to Equity History and Analysis
Debt Level: SCAP.N0000's net debt to equity ratio (180%) is considered high.
Reducing Debt: SCAP.N0000's debt to equity ratio has increased from 60.8% to 261.9% over the past 5 years.
Debt Coverage: SCAP.N0000's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: SCAP.N0000's interest payments on its debt are not well covered by EBIT (0.7x coverage).