Vidullanka Balance Sheet Health
Financial Health criteria checks 6/6
Vidullanka has a total shareholder equity of LKR8.0B and total debt of LKR2.9B, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are LKR13.7B and LKR5.7B respectively. Vidullanka's EBIT is LKR2.3B making its interest coverage ratio 5.8. It has cash and short-term investments of LKR1.7B.
Key information
36.4%
Debt to equity ratio
LK₨2.92b
Debt
| Interest coverage ratio | 5.8x |
| Cash | LK₨1.74b |
| Equity | LK₨8.03b |
| Total liabilities | LK₨5.71b |
| Total assets | LK₨13.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VLL.N0000's short term assets (LKR4.3B) exceed its short term liabilities (LKR2.6B).
Long Term Liabilities: VLL.N0000's short term assets (LKR4.3B) exceed its long term liabilities (LKR3.2B).
Debt to Equity History and Analysis
Debt Level: VLL.N0000's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: VLL.N0000's debt to equity ratio has reduced from 98.7% to 36.4% over the past 5 years.
Debt Coverage: VLL.N0000's debt is well covered by operating cash flow (60.2%).
Interest Coverage: VLL.N0000's interest payments on its debt are well covered by EBIT (5.8x coverage).