Vallibel Power Erathna Balance Sheet Health
Financial Health criteria checks 6/6
Vallibel Power Erathna has a total shareholder equity of LKR2.8B and total debt of LKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are LKR3.3B and LKR573.2M respectively. Vallibel Power Erathna's EBIT is LKR1.7B making its interest coverage ratio -14.1. It has cash and short-term investments of LKR1.0B.
Key information
0%
Debt to equity ratio
LK₨0
Debt
| Interest coverage ratio | -14.1x |
| Cash | LK₨1.03b |
| Equity | LK₨2.77b |
| Total liabilities | LK₨573.20m |
| Total assets | LK₨3.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VPEL.N0000's short term assets (LKR1.5B) exceed its short term liabilities (LKR263.2M).
Long Term Liabilities: VPEL.N0000's short term assets (LKR1.5B) exceed its long term liabilities (LKR310.0M).
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.