Colombo Investment Trust Balance Sheet Health
Financial Health criteria checks 6/6
Colombo Investment Trust has a total shareholder equity of LKR1.9B and total debt of LKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are LKR1.9B and LKR496.0K respectively. Colombo Investment Trust's EBIT is LKR27.2M making its interest coverage ratio -101.3. It has cash and short-term investments of LKR476.9M.
Key information
0%
Debt to equity ratio
LK₨0
Debt
| Interest coverage ratio | -101.3x |
| Cash | LK₨476.86m |
| Equity | LK₨1.85b |
| Total liabilities | LK₨496.00k |
| Total assets | LK₨1.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIT.N0000's short term assets (LKR478.5M) exceed its short term liabilities (LKR496.0K).
Long Term Liabilities: CIT.N0000 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CIT.N0000 is debt free.
Reducing Debt: CIT.N0000 has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.
Debt Coverage: CIT.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CIT.N0000 has no debt, therefore coverage of interest payments is not a concern.