LAUGFS Power Balance Sheet Health
Financial Health criteria checks 3/6
LAUGFS Power has a total shareholder equity of LKR2.0B and total debt of LKR2.1B, which brings its debt-to-equity ratio to 105.1%. Its total assets and total liabilities are LKR4.3B and LKR2.3B respectively. LAUGFS Power's EBIT is LKR468.0M making its interest coverage ratio 1.3. It has cash and short-term investments of LKR415.6M.
Key information
105.1%
Debt to equity ratio
LK₨2.08b
Debt
Interest coverage ratio | 1.3x |
Cash | LK₨415.59m |
Equity | LK₨1.98b |
Total liabilities | LK₨2.35b |
Total assets | LK₨4.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPL.N0000's short term assets (LKR892.3M) exceed its short term liabilities (LKR521.4M).
Long Term Liabilities: LPL.N0000's short term assets (LKR892.3M) do not cover its long term liabilities (LKR1.8B).
Debt to Equity History and Analysis
Debt Level: LPL.N0000's net debt to equity ratio (84.1%) is considered high.
Reducing Debt: LPL.N0000's debt to equity ratio has reduced from 116.8% to 105.1% over the past 5 years.
Debt Coverage: LPL.N0000's debt is well covered by operating cash flow (48.4%).
Interest Coverage: LPL.N0000's interest payments on its debt are not well covered by EBIT (1.3x coverage).