WindForce Balance Sheet Health
Financial Health criteria checks 4/6
WindForce has a total shareholder equity of LKR27.6B and total debt of LKR10.9B, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are LKR42.0B and LKR14.4B respectively. WindForce's EBIT is LKR4.0B making its interest coverage ratio 5.6. It has cash and short-term investments of LKR4.9B.
Key information
39.4%
Debt to equity ratio
LK₨10.90b
Debt
| Interest coverage ratio | 5.6x |
| Cash | LK₨4.91b |
| Equity | LK₨27.64b |
| Total liabilities | LK₨14.41b |
| Total assets | LK₨42.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WIND.N0000's short term assets (LKR10.3B) exceed its short term liabilities (LKR3.4B).
Long Term Liabilities: WIND.N0000's short term assets (LKR10.3B) do not cover its long term liabilities (LKR11.1B).
Debt to Equity History and Analysis
Debt Level: WIND.N0000's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: WIND.N0000's debt to equity ratio has increased from 35% to 39.4% over the past 5 years.
Debt Coverage: WIND.N0000's debt is well covered by operating cash flow (62.6%).
Interest Coverage: WIND.N0000's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 21:20 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
WindForce PLC is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | CT CLSA Securities |
| Zaeema Jihan | First Capital Holdings PLC |