C T Holdings Balance Sheet Health
Financial Health criteria checks 2/6
C T Holdings has a total shareholder equity of LKR37.1B and total debt of LKR76.9B, which brings its debt-to-equity ratio to 207.3%. Its total assets and total liabilities are LKR156.7B and LKR119.6B respectively. C T Holdings's EBIT is LKR14.1B making its interest coverage ratio 2.6. It has cash and short-term investments of LKR26.1B.
Key information
207.3%
Debt to equity ratio
LK₨76.92b
Debt
Interest coverage ratio | 2.6x |
Cash | LK₨26.10b |
Equity | LK₨37.10b |
Total liabilities | LK₨119.64b |
Total assets | LK₨156.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTHR.N0000's short term assets (LKR63.8B) do not cover its short term liabilities (LKR88.9B).
Long Term Liabilities: CTHR.N0000's short term assets (LKR63.8B) exceed its long term liabilities (LKR30.7B).
Debt to Equity History and Analysis
Debt Level: CTHR.N0000's net debt to equity ratio (137%) is considered high.
Reducing Debt: CTHR.N0000's debt to equity ratio has increased from 62.7% to 207.3% over the past 5 years.
Debt Coverage: CTHR.N0000's debt is well covered by operating cash flow (20.2%).
Interest Coverage: CTHR.N0000's interest payments on its debt are not well covered by EBIT (2.6x coverage).