Sathosa Motors Balance Sheet Health
Financial Health criteria checks 5/6
Sathosa Motors has a total shareholder equity of LKR2.2B and total debt of LKR879.2M, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are LKR3.7B and LKR1.5B respectively. Sathosa Motors's EBIT is LKR232.5M making its interest coverage ratio 1.8. It has cash and short-term investments of LKR297.4M.
Key information
40.5%
Debt to equity ratio
LK₨879.16m
Debt
Interest coverage ratio | 1.8x |
Cash | LK₨297.39m |
Equity | LK₨2.17b |
Total liabilities | LK₨1.54b |
Total assets | LK₨3.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMOT.N0000's short term assets (LKR1.8B) exceed its short term liabilities (LKR1.2B).
Long Term Liabilities: SMOT.N0000's short term assets (LKR1.8B) exceed its long term liabilities (LKR344.8M).
Debt to Equity History and Analysis
Debt Level: SMOT.N0000's net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: SMOT.N0000's debt to equity ratio has reduced from 163.3% to 40.5% over the past 5 years.
Debt Coverage: SMOT.N0000's debt is well covered by operating cash flow (36.3%).
Interest Coverage: SMOT.N0000's interest payments on its debt are not well covered by EBIT (1.8x coverage).