E.B. Creasy Balance Sheet Health
Financial Health criteria checks 1/6
E.B. Creasy has a total shareholder equity of LKR7.1B and total debt of LKR8.0B, which brings its debt-to-equity ratio to 112.4%. Its total assets and total liabilities are LKR24.1B and LKR17.0B respectively. E.B. Creasy's EBIT is LKR1.5B making its interest coverage ratio 1.4. It has cash and short-term investments of LKR849.8M.
Key information
112.4%
Debt to equity ratio
LK₨7.98b
Debt
| Interest coverage ratio | 1.4x |
| Cash | LK₨849.77m |
| Equity | LK₨7.10b |
| Total liabilities | LK₨16.98b |
| Total assets | LK₨24.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EBCR.N0000's short term assets (LKR12.9B) do not cover its short term liabilities (LKR13.1B).
Long Term Liabilities: EBCR.N0000's short term assets (LKR12.9B) exceed its long term liabilities (LKR3.9B).
Debt to Equity History and Analysis
Debt Level: EBCR.N0000's net debt to equity ratio (100.4%) is considered high.
Reducing Debt: EBCR.N0000's debt to equity ratio has increased from 83.4% to 112.4% over the past 5 years.
Debt Coverage: EBCR.N0000's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: EBCR.N0000's interest payments on its debt are not well covered by EBIT (1.4x coverage).