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.