LVL Energy Fund Balance Sheet Health
Financial Health criteria checks 2/6
LVL Energy Fund has a total shareholder equity of LKR5.7B and total debt of LKR3.3B, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are LKR9.1B and LKR3.4B respectively. LVL Energy Fund's EBIT is LKR284.6M making its interest coverage ratio 0.7. It has cash and short-term investments of LKR508.7M.
Key information
57.3%
Debt to equity ratio
LK₨3.27b
Debt
| Interest coverage ratio | 0.7x |
| Cash | LK₨508.69m |
| Equity | LK₨5.72b |
| Total liabilities | LK₨3.41b |
| Total assets | LK₨9.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LVEF.N0000's short term assets (LKR1.1B) exceed its short term liabilities (LKR645.8M).
Long Term Liabilities: LVEF.N0000's short term assets (LKR1.1B) do not cover its long term liabilities (LKR2.8B).
Debt to Equity History and Analysis
Debt Level: LVEF.N0000's net debt to equity ratio (48.4%) is considered high.
Reducing Debt: LVEF.N0000's debt to equity ratio has reduced from 62.4% to 57.3% over the past 5 years.
Debt Coverage: LVEF.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LVEF.N0000's interest payments on its debt are not well covered by EBIT (0.7x coverage).