C T Holdings Balance Sheet Health
Financial Health criteria checks 3/6
C T Holdings has a total shareholder equity of LKR44.9B and total debt of LKR56.2B, which brings its debt-to-equity ratio to 125%. Its total assets and total liabilities are LKR146.8B and LKR101.9B respectively. C T Holdings's EBIT is LKR13.8B making its interest coverage ratio 3. It has cash and short-term investments of LKR10.5B.
Key information
125.0%
Debt to equity ratio
LK₨56.19b
Debt
| Interest coverage ratio | 3x |
| Cash | LK₨10.49b |
| Equity | LK₨44.95b |
| Total liabilities | LK₨101.86b |
| Total assets | LK₨146.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTHR.N0000's short term assets (LKR49.0B) do not cover its short term liabilities (LKR72.1B).
Long Term Liabilities: CTHR.N0000's short term assets (LKR49.0B) exceed its long term liabilities (LKR29.8B).
Debt to Equity History and Analysis
Debt Level: CTHR.N0000's net debt to equity ratio (101.7%) is considered high.
Reducing Debt: CTHR.N0000's debt to equity ratio has increased from 67.8% to 125% over the past 5 years.
Debt Coverage: CTHR.N0000's debt is well covered by operating cash flow (30%).
Interest Coverage: CTHR.N0000's interest payments on its debt are well covered by EBIT (3x coverage).