Singer Industries (Ceylon) Balance Sheet Health
Financial Health criteria checks 2/6
Singer Industries (Ceylon) has a total shareholder equity of LKR1.4B and total debt of LKR170.1M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are LKR2.1B and LKR685.3M respectively.
Key information
11.9%
Debt to equity ratio
LK₨170.12m
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨5.00m |
| Equity | LK₨1.43b |
| Total liabilities | LK₨685.31m |
| Total assets | LK₨2.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SINI.N0000's short term assets (LKR355.1M) exceed its short term liabilities (LKR293.2M).
Long Term Liabilities: SINI.N0000's short term assets (LKR355.1M) do not cover its long term liabilities (LKR392.2M).
Debt to Equity History and Analysis
Debt Level: SINI.N0000's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: SINI.N0000's debt to equity ratio has increased from 4.9% to 11.9% over the past 5 years.
Debt Coverage: SINI.N0000's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: Insufficient data to determine if SINI.N0000's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/03/05 03:33 |
| End of Day Share Price | 2024/01/24 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Singer Industries (Ceylon) PLC is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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