AgStar Balance Sheet Health
Financial Health criteria checks 5/6
AgStar has a total shareholder equity of LKR7.5B and total debt of LKR1.6B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are LKR10.6B and LKR3.0B respectively. AgStar's EBIT is LKR444.6M making its interest coverage ratio -0.6. It has cash and short-term investments of LKR1.1B.
Key information
21.5%
Debt to equity ratio
LK₨1.62b
Debt
Interest coverage ratio | -0.6x |
Cash | LK₨1.09b |
Equity | LK₨7.51b |
Total liabilities | LK₨3.05b |
Total assets | LK₨10.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGST.X0000's short term assets (LKR7.1B) exceed its short term liabilities (LKR2.3B).
Long Term Liabilities: AGST.X0000's short term assets (LKR7.1B) exceed its long term liabilities (LKR751.2M).
Debt to Equity History and Analysis
Debt Level: AGST.X0000's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: AGST.X0000's debt to equity ratio has reduced from 51.1% to 21.5% over the past 5 years.
Debt Coverage: AGST.X0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AGST.X0000 earns more interest than it pays, so coverage of interest payments is not a concern.