Odel Balance Sheet Health
Financial Health criteria checks 2/6
Odel has a total shareholder equity of LKR509.2M and total debt of LKR21.4B, which brings its debt-to-equity ratio to 4198.9%. Its total assets and total liabilities are LKR31.1B and LKR30.6B respectively.
Key information
4,198.9%
Debt to equity ratio
LK₨21.38b
Debt
Interest coverage ratio | n/a |
Cash | LK₨120.41m |
Equity | LK₨509.18m |
Total liabilities | LK₨30.64b |
Total assets | LK₨31.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ODEL.N0000's short term assets (LKR6.1B) do not cover its short term liabilities (LKR18.9B).
Long Term Liabilities: ODEL.N0000's short term assets (LKR6.1B) do not cover its long term liabilities (LKR11.8B).
Debt to Equity History and Analysis
Debt Level: ODEL.N0000's net debt to equity ratio (4175.3%) is considered high.
Reducing Debt: ODEL.N0000's debt to equity ratio has increased from 104% to 4198.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ODEL.N0000 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ODEL.N0000 is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.