Equity Two Balance Sheet Health
Financial Health criteria checks 5/6
Equity Two has a total shareholder equity of LKR1.6B and total debt of LKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are LKR2.1B and LKR492.0M respectively. Equity Two's EBIT is LKR92.9M making its interest coverage ratio -2.1. It has cash and short-term investments of LKR62.2M.
Key information
0%
Debt to equity ratio
LK₨0
Debt
Interest coverage ratio | -2.1x |
Cash | LK₨62.16m |
Equity | LK₨1.57b |
Total liabilities | LK₨491.97m |
Total assets | LK₨2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETWO.N0000's short term assets (LKR127.1M) exceed its short term liabilities (LKR18.2M).
Long Term Liabilities: ETWO.N0000's short term assets (LKR127.1M) do not cover its long term liabilities (LKR473.7M).
Debt to Equity History and Analysis
Debt Level: ETWO.N0000 is debt free.
Reducing Debt: ETWO.N0000 had no debt 5 years ago.
Debt Coverage: ETWO.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ETWO.N0000 has no debt, therefore coverage of interest payments is not a concern.