Dialog Axiata Balance Sheet Health
Financial Health criteria checks 1/6
Dialog Axiata has a total shareholder equity of LKR66.3B and total debt of LKR122.8B, which brings its debt-to-equity ratio to 185.1%. Its total assets and total liabilities are LKR286.2B and LKR219.9B respectively. Dialog Axiata's EBIT is LKR20.9B making its interest coverage ratio 2.6. It has cash and short-term investments of LKR43.1B.
Key information
185.1%
Debt to equity ratio
LK₨122.77b
Debt
Interest coverage ratio | 2.6x |
Cash | LK₨43.08b |
Equity | LK₨66.34b |
Total liabilities | LK₨219.91b |
Total assets | LK₨286.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIAL.N0000's short term assets (LKR93.7B) do not cover its short term liabilities (LKR132.4B).
Long Term Liabilities: DIAL.N0000's short term assets (LKR93.7B) exceed its long term liabilities (LKR87.5B).
Debt to Equity History and Analysis
Debt Level: DIAL.N0000's net debt to equity ratio (120.1%) is considered high.
Reducing Debt: DIAL.N0000's debt to equity ratio has increased from 74% to 185.1% over the past 5 years.
Debt Coverage: DIAL.N0000's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: DIAL.N0000's interest payments on its debt are not well covered by EBIT (2.6x coverage).