Lankem Ceylon Balance Sheet Health
Financial Health criteria checks 1/6
Lankem Ceylon has a total shareholder equity of LKR6.4B and total debt of LKR15.2B, which brings its debt-to-equity ratio to 237.9%. Its total assets and total liabilities are LKR29.3B and LKR22.9B respectively. Lankem Ceylon's EBIT is LKR1.8B making its interest coverage ratio 1. It has cash and short-term investments of LKR721.5M.
Key information
237.9%
Debt to equity ratio
LK₨15.23b
Debt
| Interest coverage ratio | 1x |
| Cash | LK₨721.46m |
| Equity | LK₨6.40b |
| Total liabilities | LK₨22.94b |
| Total assets | LK₨29.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LCEY.N0000's short term assets (LKR15.4B) do not cover its short term liabilities (LKR17.2B).
Long Term Liabilities: LCEY.N0000's short term assets (LKR15.4B) exceed its long term liabilities (LKR5.8B).
Debt to Equity History and Analysis
Debt Level: LCEY.N0000's net debt to equity ratio (226.6%) is considered high.
Reducing Debt: LCEY.N0000's debt to equity ratio has increased from 206.3% to 237.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if LCEY.N0000 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LCEY.N0000 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.