LAUGFS Power Balance Sheet Health
Financial Health criteria checks 3/6
LAUGFS Power has a total shareholder equity of LKR2.3B and total debt of LKR1.9B, which brings its debt-to-equity ratio to 80.6%. Its total assets and total liabilities are LKR4.4B and LKR2.1B respectively. LAUGFS Power's EBIT is LKR765.7M making its interest coverage ratio 2.9. It has cash and short-term investments of LKR465.1M.
Key information
80.6%
Debt to equity ratio
LK₨1.86b
Debt
| Interest coverage ratio | 2.9x |
| Cash | LK₨465.11m |
| Equity | LK₨2.31b |
| Total liabilities | LK₨2.10b |
| Total assets | LK₨4.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPL.N0000's short term assets (LKR1.1B) exceed its short term liabilities (LKR456.7M).
Long Term Liabilities: LPL.N0000's short term assets (LKR1.1B) do not cover its long term liabilities (LKR1.6B).
Debt to Equity History and Analysis
Debt Level: LPL.N0000's net debt to equity ratio (60.4%) is considered high.
Reducing Debt: LPL.N0000's debt to equity ratio has reduced from 118.9% to 80.6% over the past 5 years.
Debt Coverage: LPL.N0000's debt is well covered by operating cash flow (48.2%).
Interest Coverage: LPL.N0000's interest payments on its debt are not well covered by EBIT (2.9x coverage).