Vidullanka Balance Sheet Health
Financial Health criteria checks 6/6
Vidullanka has a total shareholder equity of LKR7.6B and total debt of LKR3.5B, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are LKR13.6B and LKR6.1B respectively. Vidullanka's EBIT is LKR2.3B making its interest coverage ratio 4.2. It has cash and short-term investments of LKR1.4B.
Key information
45.6%
Debt to equity ratio
LK₨3.45b
Debt
Interest coverage ratio | 4.2x |
Cash | LK₨1.38b |
Equity | LK₨7.58b |
Total liabilities | LK₨6.07b |
Total assets | LK₨13.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VLL.N0000's short term assets (LKR3.8B) exceed its short term liabilities (LKR2.3B).
Long Term Liabilities: VLL.N0000's short term assets (LKR3.8B) exceed its long term liabilities (LKR3.7B).
Debt to Equity History and Analysis
Debt Level: VLL.N0000's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: VLL.N0000's debt to equity ratio has reduced from 92.8% to 45.6% over the past 5 years.
Debt Coverage: VLL.N0000's debt is well covered by operating cash flow (65.7%).
Interest Coverage: VLL.N0000's interest payments on its debt are well covered by EBIT (4.2x coverage).