Central Finance Balance Sheet Health
Financial Health criteria checks 5/6
Central Finance has a total shareholder equity of LKR74.4B and total debt of LKR859.6M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are LKR125.1B and LKR50.7B respectively.
Key information
1.2%
Debt to equity ratio
LK₨859.59m
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨6.49b |
| Equity | LK₨74.36b |
| Total liabilities | LK₨50.72b |
| Total assets | LK₨125.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFIN.N0000's short term assets (LKR65.2B) exceed its short term liabilities (LKR43.5B).
Long Term Liabilities: CFIN.N0000's short term assets (LKR65.2B) exceed its long term liabilities (LKR7.3B).
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 21.8% to 1.2% over the past 5 years.
Debt Coverage: CFIN.N0000's debt is well covered by operating cash flow (331.7%).
Interest Coverage: Insufficient data to determine if CFIN.N0000's interest payments on its debt are well covered by EBIT.