R I L Property Balance Sheet Health
Financial Health criteria checks 4/6
R I L Property has a total shareholder equity of LKR27.6B and total debt of LKR10.2B, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are LKR45.5B and LKR17.9B respectively. R I L Property's EBIT is LKR1.5B making its interest coverage ratio 1.6. It has cash and short-term investments of LKR3.5B.
Key information
37.1%
Debt to equity ratio
LK₨10.25b
Debt
| Interest coverage ratio | 1.6x |
| Cash | LK₨3.53b |
| Equity | LK₨27.60b |
| Total liabilities | LK₨17.90b |
| Total assets | LK₨45.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RIL.N0000's short term assets (LKR11.3B) exceed its short term liabilities (LKR8.1B).
Long Term Liabilities: RIL.N0000's short term assets (LKR11.3B) exceed its long term liabilities (LKR9.8B).
Debt to Equity History and Analysis
Debt Level: RIL.N0000's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: RIL.N0000's debt to equity ratio has increased from 33% to 37.1% over the past 5 years.
Debt Coverage: RIL.N0000's debt is well covered by operating cash flow (27.8%).
Interest Coverage: RIL.N0000's interest payments on its debt are not well covered by EBIT (1.6x coverage).