Eastern Merchants Balance Sheet Health
Financial Health criteria checks 4/6
Eastern Merchants has a total shareholder equity of LKR2.0B and total debt of LKR496.5M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are LKR2.8B and LKR728.0M respectively.
Key information
24.3%
Debt to equity ratio
LK₨496.46m
Debt
Interest coverage ratio | n/a |
Cash | LK₨122.04m |
Equity | LK₨2.04b |
Total liabilities | LK₨727.96m |
Total assets | LK₨2.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMER.N0000's short term assets (LKR993.7M) exceed its short term liabilities (LKR285.3M).
Long Term Liabilities: EMER.N0000's short term assets (LKR993.7M) exceed its long term liabilities (LKR442.7M).
Debt to Equity History and Analysis
Debt Level: EMER.N0000's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: EMER.N0000's debt to equity ratio has reduced from 27.1% to 24.3% over the past 5 years.
Debt Coverage: EMER.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EMER.N0000's interest payments on its debt are well covered by EBIT.