LVL Energy Fund Balance Sheet Health
Financial Health criteria checks 1/6
LVL Energy Fund has a total shareholder equity of LKR5.9B and total debt of LKR3.6B, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are LKR9.7B and LKR3.8B respectively. LVL Energy Fund's EBIT is LKR127.0M making its interest coverage ratio 0.2. It has cash and short-term investments of LKR168.7M.
Key information
61.6%
Debt to equity ratio
LK₨3.64b
Debt
Interest coverage ratio | 0.2x |
Cash | LK₨168.74m |
Equity | LK₨5.90b |
Total liabilities | LK₨3.76b |
Total assets | LK₨9.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LVEF.N0000's short term assets (LKR1.0B) exceed its short term liabilities (LKR629.5M).
Long Term Liabilities: LVEF.N0000's short term assets (LKR1.0B) do not cover its long term liabilities (LKR3.1B).
Debt to Equity History and Analysis
Debt Level: LVEF.N0000's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: LVEF.N0000's debt to equity ratio has increased from 24% to 61.6% over the past 5 years.
Debt Coverage: LVEF.N0000's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: LVEF.N0000's interest payments on its debt are not well covered by EBIT (0.2x coverage).