Gestetner of Ceylon Balance Sheet Health
Financial Health criteria checks 4/6
Gestetner of Ceylon has a total shareholder equity of LKR498.2M and total debt of LKR254.1M, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are LKR966.3M and LKR468.1M respectively. Gestetner of Ceylon's EBIT is LKR131.8M making its interest coverage ratio 8.1. It has cash and short-term investments of LKR18.9M.
Key information
51.0%
Debt to equity ratio
LK₨254.05m
Debt
| Interest coverage ratio | 8.1x |
| Cash | LK₨18.86m |
| Equity | LK₨498.22m |
| Total liabilities | LK₨468.09m |
| Total assets | LK₨966.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEST.N0000's short term assets (LKR617.8M) exceed its short term liabilities (LKR340.3M).
Long Term Liabilities: GEST.N0000's short term assets (LKR617.8M) exceed its long term liabilities (LKR127.8M).
Debt to Equity History and Analysis
Debt Level: GEST.N0000's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: GEST.N0000's debt to equity ratio has increased from 32.2% to 51% over the past 5 years.
Debt Coverage: GEST.N0000's debt is well covered by operating cash flow (34%).
Interest Coverage: GEST.N0000's interest payments on its debt are well covered by EBIT (8.1x coverage).