Standard Capital Balance Sheet Health
Financial Health criteria checks 2/6
Standard Capital has a total shareholder equity of LKR228.9M and total debt of LKR82.2M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are LKR374.7M and LKR145.8M respectively. Standard Capital's EBIT is LKR62.3M making its interest coverage ratio 1.8. It has cash and short-term investments of LKR18.6M.
Key information
35.9%
Debt to equity ratio
LK₨82.25m
Debt
Interest coverage ratio | 1.8x |
Cash | LK₨18.55m |
Equity | LK₨228.94m |
Total liabilities | LK₨145.80m |
Total assets | LK₨374.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SING.N0000's short term assets (LKR22.4M) do not cover its short term liabilities (LKR58.2M).
Long Term Liabilities: SING.N0000's short term assets (LKR22.4M) do not cover its long term liabilities (LKR87.6M).
Debt to Equity History and Analysis
Debt Level: SING.N0000's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: SING.N0000's debt to equity ratio has increased from 26.9% to 35.9% over the past 5 years.
Debt Coverage: SING.N0000's debt is well covered by operating cash flow (62%).
Interest Coverage: SING.N0000's interest payments on its debt are not well covered by EBIT (1.8x coverage).