Sathosa Motors Balance Sheet Health
Financial Health criteria checks 5/6
Sathosa Motors has a total shareholder equity of LKR2.5B and total debt of LKR1.3B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are LKR4.5B and LKR2.1B respectively. Sathosa Motors's EBIT is LKR511.3M making its interest coverage ratio 4. It has cash and short-term investments of LKR77.6M.
Key information
53.3%
Debt to equity ratio
LK₨1.32b
Debt
| Interest coverage ratio | 4x |
| Cash | LK₨77.56m |
| Equity | LK₨2.47b |
| Total liabilities | LK₨2.06b |
| Total assets | LK₨4.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMOT.N0000's short term assets (LKR1.6B) exceed its short term liabilities (LKR1.4B).
Long Term Liabilities: SMOT.N0000's short term assets (LKR1.6B) exceed its long term liabilities (LKR676.9M).
Debt to Equity History and Analysis
Debt Level: SMOT.N0000's net debt to equity ratio (50.1%) is considered high.
Reducing Debt: SMOT.N0000's debt to equity ratio has reduced from 163.5% to 53.3% over the past 5 years.
Debt Coverage: SMOT.N0000's debt is well covered by operating cash flow (53.3%).
Interest Coverage: SMOT.N0000's interest payments on its debt are well covered by EBIT (4x coverage).