Resus Energy Balance Sheet Health
Financial Health criteria checks 2/6
Resus Energy has a total shareholder equity of LKR2.1B and total debt of LKR3.5B, which brings its debt-to-equity ratio to 166.4%. Its total assets and total liabilities are LKR6.1B and LKR4.0B respectively. Resus Energy's EBIT is LKR679.0M making its interest coverage ratio 1.2. It has cash and short-term investments of LKR171.7M.
Key information
166.4%
Debt to equity ratio
LK₨3.50b
Debt
| Interest coverage ratio | 1.2x |
| Cash | LK₨171.74m |
| Equity | LK₨2.10b |
| Total liabilities | LK₨3.98b |
| Total assets | LK₨6.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPWR.N0000's short term assets (LKR961.2M) do not cover its short term liabilities (LKR1.3B).
Long Term Liabilities: HPWR.N0000's short term assets (LKR961.2M) do not cover its long term liabilities (LKR2.7B).
Debt to Equity History and Analysis
Debt Level: HPWR.N0000's net debt to equity ratio (158.2%) is considered high.
Reducing Debt: HPWR.N0000's debt to equity ratio has reduced from 189.7% to 166.4% over the past 5 years.
Debt Coverage: HPWR.N0000's debt is well covered by operating cash flow (24.8%).
Interest Coverage: HPWR.N0000's interest payments on its debt are not well covered by EBIT (1.2x coverage).