Central Finance Balance Sheet Health
Financial Health criteria checks 5/6
Central Finance has a total shareholder equity of LKR70.3B and total debt of LKR482.3M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are LKR121.5B and LKR51.2B respectively.
Key information
0.7%
Debt to equity ratio
LK₨482.28m
Debt
Interest coverage ratio | n/a |
Cash | LK₨11.01b |
Equity | LK₨70.35b |
Total liabilities | LK₨51.19b |
Total assets | LK₨121.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFIN.N0000's short term assets (LKR63.2B) exceed its short term liabilities (LKR45.0B).
Long Term Liabilities: CFIN.N0000's short term assets (LKR63.2B) exceed its long term liabilities (LKR6.2B).
Debt to Equity History and Analysis
Debt Level: CFIN.N0000 has more cash than its total debt.
Reducing Debt: CFIN.N0000's debt to equity ratio has reduced from 31.4% to 0.7% over the past 5 years.
Debt Coverage: CFIN.N0000's debt is well covered by operating cash flow (431%).
Interest Coverage: Insufficient data to determine if CFIN.N0000's interest payments on its debt are well covered by EBIT.