LAUGFS Power Balance Sheet Health
Financial Health criteria checks 4/6
LAUGFS Power has a total shareholder equity of LKR2.0B and total debt of LKR2.2B, which brings its debt-to-equity ratio to 111.4%. Its total assets and total liabilities are LKR4.4B and LKR2.4B respectively. LAUGFS Power's EBIT is LKR437.6M making its interest coverage ratio 1. It has cash and short-term investments of LKR251.1M.
Key information
111.4%
Debt to equity ratio
LK₨2.18b
Debt
| Interest coverage ratio | 1x |
| Cash | LK₨251.11m |
| Equity | LK₨1.96b |
| Total liabilities | LK₨2.42b |
| Total assets | LK₨4.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPL.N0000's short term assets (LKR882.1M) exceed its short term liabilities (LKR502.5M).
Long Term Liabilities: LPL.N0000's short term assets (LKR882.1M) do not cover its long term liabilities (LKR1.9B).
Debt to Equity History and Analysis
Debt Level: LPL.N0000's net debt to equity ratio (98.6%) is considered high.
Reducing Debt: LPL.N0000's debt to equity ratio has reduced from 121.6% to 111.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable LPL.N0000 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LPL.N0000 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.9% per year.