Vallibel Power Erathna Balance Sheet Health
Financial Health criteria checks 6/6
Vallibel Power Erathna has a total shareholder equity of LKR3.8B and total debt of LKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are LKR4.3B and LKR480.2M respectively. Vallibel Power Erathna's EBIT is LKR1.1B making its interest coverage ratio -11.5. It has cash and short-term investments of LKR1.4B.
Key information
0%
Debt to equity ratio
LK₨0
Debt
| Interest coverage ratio | -11.5x |
| Cash | LK₨1.44b |
| Equity | LK₨3.80b |
| Total liabilities | LK₨480.15m |
| Total assets | LK₨4.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VPEL.N0000's short term assets (LKR2.3B) exceed its short term liabilities (LKR178.2M).
Long Term Liabilities: VPEL.N0000's short term assets (LKR2.3B) exceed its long term liabilities (LKR301.9M).
Debt to Equity History and Analysis
Debt Level: VPEL.N0000 is debt free.
Reducing Debt: VPEL.N0000 had no debt 5 years ago.
Debt Coverage: VPEL.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VPEL.N0000 has no debt, therefore coverage of interest payments is not a concern.