Gestetner of Ceylon Balance Sheet Health
Financial Health criteria checks 5/6
Gestetner of Ceylon has a total shareholder equity of LKR465.9M and total debt of LKR160.3M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are LKR810.9M and LKR345.1M respectively. Gestetner of Ceylon's EBIT is LKR124.6M making its interest coverage ratio 6.4. It has cash and short-term investments of LKR17.9M.
Key information
34.4%
Debt to equity ratio
LK₨160.33m
Debt
| Interest coverage ratio | 6.4x |
| Cash | LK₨17.85m |
| Equity | LK₨465.89m |
| Total liabilities | LK₨345.06m |
| Total assets | LK₨810.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEST.N0000's short term assets (LKR471.0M) exceed its short term liabilities (LKR299.1M).
Long Term Liabilities: GEST.N0000's short term assets (LKR471.0M) exceed its long term liabilities (LKR46.0M).
Debt to Equity History and Analysis
Debt Level: GEST.N0000's net debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: GEST.N0000's debt to equity ratio has increased from 18.5% to 34.4% over the past 5 years.
Debt Coverage: GEST.N0000's debt is well covered by operating cash flow (113.4%).
Interest Coverage: GEST.N0000's interest payments on its debt are well covered by EBIT (6.4x coverage).