Lanka Ceramic Balance Sheet Health
Financial Health criteria checks 3/6
Lanka Ceramic has a total shareholder equity of LKR990.6M and total debt of LKR135.9M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are LKR1.5B and LKR517.1M respectively.
Key information
13.7%
Debt to equity ratio
LK₨135.87m
Debt
Interest coverage ratio | n/a |
Cash | LK₨3.74m |
Equity | LK₨990.61m |
Total liabilities | LK₨517.14m |
Total assets | LK₨1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CERA.N0000's short term assets (LKR166.9M) do not cover its short term liabilities (LKR172.0M).
Long Term Liabilities: CERA.N0000's short term assets (LKR166.9M) do not cover its long term liabilities (LKR345.1M).
Debt to Equity History and Analysis
Debt Level: CERA.N0000's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: CERA.N0000's debt to equity ratio has reduced from 22.9% to 13.7% over the past 5 years.
Debt Coverage: CERA.N0000's debt is well covered by operating cash flow (90.3%).
Interest Coverage: Insufficient data to determine if CERA.N0000's interest payments on its debt are well covered by EBIT.