Cable Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Cable Solutions has a total shareholder equity of LKR1.8B and total debt of LKR787.1M, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are LKR2.9B and LKR1.2B respectively. Cable Solutions's EBIT is LKR397.5M making its interest coverage ratio 8.5. It has cash and short-term investments of LKR214.8M.
Key information
44.9%
Debt to equity ratio
LK₨787.14m
Debt
| Interest coverage ratio | 8.5x |
| Cash | LK₨214.79m |
| Equity | LK₨1.75b |
| Total liabilities | LK₨1.17b |
| Total assets | LK₨2.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSLK.N0000's short term assets (LKR2.1B) exceed its short term liabilities (LKR1.1B).
Long Term Liabilities: CSLK.N0000's short term assets (LKR2.1B) exceed its long term liabilities (LKR106.9M).
Debt to Equity History and Analysis
Debt Level: CSLK.N0000's net debt to equity ratio (32.7%) 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 not well covered by operating cash flow (17.8%).
Interest Coverage: CSLK.N0000's interest payments on its debt are well covered by EBIT (8.5x coverage).