Ceylon Investment Balance Sheet Health
Financial Health criteria checks 6/6
Ceylon Investment has a total shareholder equity of LKR11.2B and total debt of LKR66.4M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are LKR11.3B and LKR110.9M respectively. Ceylon Investment's EBIT is LKR545.7M making its interest coverage ratio 14.7. It has cash and short-term investments of LKR2.9B.
Key information
0.6%
Debt to equity ratio
LK₨66.41m
Debt
| Interest coverage ratio | 14.7x |
| Cash | LK₨2.90b |
| Equity | LK₨11.16b |
| Total liabilities | LK₨110.86m |
| Total assets | LK₨11.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CINV.N0000's short term assets (LKR3.0B) exceed its short term liabilities (LKR110.9M).
Long Term Liabilities: CINV.N0000 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CINV.N0000 has more cash than its total debt.
Reducing Debt: CINV.N0000's debt to equity ratio has reduced from 1.3% to 0.6% over the past 5 years.
Debt Coverage: CINV.N0000's debt is well covered by operating cash flow (552%).
Interest Coverage: CINV.N0000's interest payments on its debt are well covered by EBIT (14.7x coverage).