Softlogic Capital Balance Sheet Health
Financial Health criteria checks 3/6
Softlogic Capital has a total shareholder equity of LKR9.0B and total debt of LKR20.8B, which brings its debt-to-equity ratio to 231.5%. Its total assets and total liabilities are LKR71.1B and LKR62.1B respectively. Softlogic Capital's EBIT is LKR6.3B making its interest coverage ratio 1.3. It has cash and short-term investments of LKR5.0B.
Key information
231.5%
Debt to equity ratio
LK₨20.80b
Debt
| Interest coverage ratio | 1.3x |
| Cash | LK₨4.97b |
| Equity | LK₨8.98b |
| Total liabilities | LK₨62.11b |
| Total assets | LK₨71.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCAP.N0000's short term assets (LKR9.1B) exceed its short term liabilities (LKR6.4B).
Long Term Liabilities: SCAP.N0000's short term assets (LKR9.1B) do not cover its long term liabilities (LKR55.7B).
Debt to Equity History and Analysis
Debt Level: SCAP.N0000's net debt to equity ratio (176.2%) is considered high.
Reducing Debt: SCAP.N0000's debt to equity ratio has increased from 44.1% to 231.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SCAP.N0000 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SCAP.N0000 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 3.4% per year.