R I L Property Balance Sheet Health
Financial Health criteria checks 4/6
R I L Property has a total shareholder equity of LKR27.3B and total debt of LKR9.6B, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are LKR45.0B and LKR17.7B respectively. R I L Property's EBIT is LKR1.2B making its interest coverage ratio 1.2. It has cash and short-term investments of LKR1.5B.
Key information
35.1%
Debt to equity ratio
LK₨9.59b
Debt
| Interest coverage ratio | 1.2x |
| Cash | LK₨1.49b |
| Equity | LK₨27.35b |
| Total liabilities | LK₨17.69b |
| Total assets | LK₨45.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RIL.N0000's short term assets (LKR11.0B) exceed its short term liabilities (LKR7.5B).
Long Term Liabilities: RIL.N0000's short term assets (LKR11.0B) exceed its long term liabilities (LKR10.2B).
Debt to Equity History and Analysis
Debt Level: RIL.N0000's net debt to equity ratio (29.6%) is considered satisfactory.
Reducing Debt: RIL.N0000's debt to equity ratio has increased from 27.8% to 35.1% over the past 5 years.
Debt Coverage: RIL.N0000's debt is well covered by operating cash flow (40.8%).
Interest Coverage: RIL.N0000's interest payments on its debt are not well covered by EBIT (1.2x coverage).