LAUGFS Power Balance Sheet Health
Financial Health criteria checks 3/6
LAUGFS Power has a total shareholder equity of LKR2.1B and total debt of LKR2.0B, which brings its debt-to-equity ratio to 93.1%. Its total assets and total liabilities are LKR4.4B and LKR2.3B respectively. LAUGFS Power's EBIT is LKR647.4M making its interest coverage ratio 2. It has cash and short-term investments of LKR565.4M.
Key information
93.1%
Debt to equity ratio
LK₨1.97b
Debt
| Interest coverage ratio | 2x |
| Cash | LK₨565.37m |
| Equity | LK₨2.11b |
| Total liabilities | LK₨2.33b |
| Total assets | LK₨4.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPL.X0000's short term assets (LKR1.1B) exceed its short term liabilities (LKR598.7M).
Long Term Liabilities: LPL.X0000's short term assets (LKR1.1B) do not cover its long term liabilities (LKR1.7B).
Debt to Equity History and Analysis
Debt Level: LPL.X0000's net debt to equity ratio (66.3%) is considered high.
Reducing Debt: LPL.X0000's debt to equity ratio has reduced from 114.3% to 93.1% over the past 5 years.
Debt Coverage: LPL.X0000's debt is well covered by operating cash flow (59.3%).
Interest Coverage: LPL.X0000's interest payments on its debt are not well covered by EBIT (2x coverage).