Eastern Merchants PLC

COSE:EMER.N0000 Stock Report

Market Cap: LK₨804.8m

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 ration/a
CashLK₨122.04m
EquityLK₨2.04b
Total liabilitiesLK₨727.96m
Total assetsLK₨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.


Balance Sheet


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