Industrial Asphalts (Ceylon) Balance Sheet Health
Financial Health criteria checks 5/6
Industrial Asphalts (Ceylon) has a total shareholder equity of LKR1.4B and total debt of LKR71.9M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are LKR1.6B and LKR169.7M respectively.
Key information
5.2%
Debt to equity ratio
LK₨71.93m
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨272.77m |
| Equity | LK₨1.39b |
| Total liabilities | LK₨169.72m |
| Total assets | LK₨1.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASPH.N0000's short term assets (LKR280.9M) exceed its short term liabilities (LKR163.0M).
Long Term Liabilities: ASPH.N0000's short term assets (LKR280.9M) exceed its long term liabilities (LKR6.8M).
Debt to Equity History and Analysis
Debt Level: ASPH.N0000 has more cash than its total debt.
Reducing Debt: ASPH.N0000's debt to equity ratio has reduced from 9.4% to 5.2% over the past 5 years.
Debt Coverage: ASPH.N0000's debt is well covered by operating cash flow (41.9%).
Interest Coverage: Insufficient data to determine if ASPH.N0000's interest payments on its debt are well covered by EBIT.