United Motors Lanka Balance Sheet Health
Financial Health criteria checks 3/6
United Motors Lanka has a total shareholder equity of LKR13.4B and total debt of LKR5.5B, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are LKR21.7B and LKR8.3B respectively. United Motors Lanka's EBIT is LKR310.9M making its interest coverage ratio 0.6. It has cash and short-term investments of LKR2.5B.
Key information
41.3%
Debt to equity ratio
LK₨5.52b
Debt
| Interest coverage ratio | 0.6x |
| Cash | LK₨2.53b |
| Equity | LK₨13.39b |
| Total liabilities | LK₨8.30b |
| Total assets | LK₨21.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UML.N0000's short term assets (LKR11.0B) exceed its short term liabilities (LKR7.1B).
Long Term Liabilities: UML.N0000's short term assets (LKR11.0B) exceed its long term liabilities (LKR1.2B).
Debt to Equity History and Analysis
Debt Level: UML.N0000's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: UML.N0000's debt to equity ratio has increased from 24.5% to 41.3% over the past 5 years.
Debt Coverage: UML.N0000's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: UML.N0000's interest payments on its debt are not well covered by EBIT (0.6x coverage).