E.B. Creasy Balance Sheet Health
Financial Health criteria checks 1/6
E.B. Creasy has a total shareholder equity of LKR6.8B and total debt of LKR7.8B, which brings its debt-to-equity ratio to 116%. Its total assets and total liabilities are LKR22.4B and LKR15.7B respectively. E.B. Creasy's EBIT is LKR1.7B making its interest coverage ratio 1.3. It has cash and short-term investments of LKR960.9M.
Key information
116.0%
Debt to equity ratio
LK₨7.85b
Debt
| Interest coverage ratio | 1.3x |
| Cash | LK₨960.87m |
| Equity | LK₨6.77b |
| Total liabilities | LK₨15.68b |
| Total assets | LK₨22.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EBCR.N0000's short term assets (LKR11.4B) do not cover its short term liabilities (LKR12.1B).
Long Term Liabilities: EBCR.N0000's short term assets (LKR11.4B) exceed its long term liabilities (LKR3.6B).
Debt to Equity History and Analysis
Debt Level: EBCR.N0000's net debt to equity ratio (101.8%) is considered high.
Reducing Debt: EBCR.N0000's debt to equity ratio has increased from 93.7% to 116% over the past 5 years.
Debt Coverage: EBCR.N0000's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: EBCR.N0000's interest payments on its debt are not well covered by EBIT (1.3x coverage).