Cable Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Cable Solutions has a total shareholder equity of LKR1.6B and total debt of LKR703.6M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are LKR2.7B and LKR1.1B respectively. Cable Solutions's EBIT is LKR366.5M making its interest coverage ratio 8.9. It has cash and short-term investments of LKR192.5M.
Key information
44.5%
Debt to equity ratio
LK₨703.64m
Debt
| Interest coverage ratio | 8.9x |
| Cash | LK₨192.49m |
| Equity | LK₨1.58b |
| Total liabilities | LK₨1.14b |
| Total assets | LK₨2.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSLK.N0000's short term assets (LKR1.9B) exceed its short term liabilities (LKR1.0B).
Long Term Liabilities: CSLK.N0000's short term assets (LKR1.9B) exceed its long term liabilities (LKR112.3M).
Debt to Equity History and Analysis
Debt Level: CSLK.N0000's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CSLK.N0000's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CSLK.N0000's debt is well covered by operating cash flow (32.5%).
Interest Coverage: CSLK.N0000's interest payments on its debt are well covered by EBIT (8.9x coverage).