Ex-pack Corrugated Cartons Balance Sheet Health
Financial Health criteria checks 3/6
Ex-pack Corrugated Cartons has a total shareholder equity of LKR3.4B and total debt of LKR2.7B, which brings its debt-to-equity ratio to 78.1%. Its total assets and total liabilities are LKR8.0B and LKR4.6B respectively. Ex-pack Corrugated Cartons's EBIT is LKR929.2M making its interest coverage ratio 5.5. It has cash and short-term investments of LKR230.6M.
Key information
78.1%
Debt to equity ratio
LK₨2.69b
Debt
| Interest coverage ratio | 5.5x |
| Cash | LK₨230.62m |
| Equity | LK₨3.44b |
| Total liabilities | LK₨4.60b |
| Total assets | LK₨8.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PACK.N0000's short term assets (LKR3.8B) do not cover its short term liabilities (LKR3.9B).
Long Term Liabilities: PACK.N0000's short term assets (LKR3.8B) exceed its long term liabilities (LKR665.4M).
Debt to Equity History and Analysis
Debt Level: PACK.N0000's net debt to equity ratio (71.4%) is considered high.
Reducing Debt: Insufficient data to determine if PACK.N0000's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PACK.N0000's debt is well covered by operating cash flow (36.4%).
Interest Coverage: PACK.N0000's interest payments on its debt are well covered by EBIT (5.5x coverage).