East West Properties Balance Sheet Health

Financial Health criteria checks 6/6

East West Properties has a total shareholder equity of LKR2.8B and total debt of LKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are LKR2.8B and LKR62.3M respectively. East West Properties's EBIT is LKR15.7M making its interest coverage ratio -0.2. It has cash and short-term investments of LKR88.2M.

Key information

Debt to equity ratio

LK₨0

Debt

Interest coverage ratio	-0.2x
Cash	LK₨88.24m
Equity	LK₨2.76b
Total liabilities	LK₨62.27m
Total assets	LK₨2.83b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: EAST.N0000's short term assets (LKR325.1M) exceed its short term liabilities (LKR38.5M).

Long Term Liabilities: EAST.N0000's short term assets (LKR325.1M) exceed its long term liabilities (LKR23.7M).

Debt to Equity History and Analysis

Debt Level: EAST.N0000 is debt free.

Reducing Debt: EAST.N0000 has no debt compared to 5 years ago when its debt to equity ratio was 0.8%.

Debt Coverage: EAST.N0000 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: EAST.N0000 has no debt, therefore coverage of interest payments is not a concern.

East West Properties Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Second quarter 2025 earnings released: EPS: LK₨0.07 (vs LK₨0.33 in 2Q 2024)

East West Properties PLC, Annual General Meeting, Sep 30, 2024

Investor sentiment deteriorates as stock falls 16%

Less than half of directors are independent

First quarter 2025 earnings released: EPS: LK₨0.07 (vs LK₨0.02 in 1Q 2024)

Investor sentiment improves as stock rises 16%

Full year 2024 earnings released: EPS: LK₨0.58 (vs LK₨0.63 in FY 2023)

Third quarter 2024 earnings released: EPS: LK₨0.12 (vs LK₨0.08 loss in 3Q 2023)

Less than half of directors are independent

New minor risk - Share price stability

New minor risk - Earnings quality

Second quarter 2024 earnings released: EPS: LK₨0.33 (vs LK₨1.45 in 2Q 2023)

East West Properties PLC, Annual General Meeting, Sep 25, 2023

First quarter 2024 earnings released: EPS: LK₨0.02 (vs LK₨0.60 loss in 1Q 2023)

Investor sentiment improves as stock rises 16%

Full year 2023 earnings released: EPS: LK₨0.63 (vs LK₨0.96 in FY 2022)

Investor sentiment improves as stock rises 19%

Third quarter 2023 earnings released: LK₨0.08 loss per share (vs LK₨0.07 profit in 3Q 2022)

Investor sentiment improves as stock rises 18%

Second quarter 2023 earnings released: EPS: LK₨1.42 (vs LK₨0.47 in 2Q 2022)

Investor sentiment improved over the past week

Less than half of directors are independent

Less than half of directors are independent

First quarter 2023 earnings released: LK₨0.60 loss per share (vs LK₨0.15 loss in 1Q 2022)

Less than half of directors are independent

Full year 2022 earnings released: EPS: LK₨0.96 (vs LK₨2.10 in FY 2021)

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

New 90-day low: LK₨10.00

East West Properties PLC, Annual General Meeting, Jan 29, 2021

New 90-day high: LK₨13.00

New 90-day low: LK₨11.00

Muthukuda Nahil Wijesuriya, Executive Director of East West Properties PLC acquired additional 20.08% stake in East West Properties PLC (COSE:EAST.N0000) from M. W.A.D.J. Vijitha Wijesuriya for CLP 310 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Discover healthy companies