Colombo Investment Trust Balance Sheet Health
Financial Health criteria checks 6/6
Colombo Investment Trust has a total shareholder equity of LKR1.8B and total debt of LKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are LKR1.8B and LKR472.0K respectively. Colombo Investment Trust's EBIT is LKR28.9M making its interest coverage ratio -176. It has cash and short-term investments of LKR345.5M.
Key information
0%
Debt to equity ratio
LK₨0
Debt
| Interest coverage ratio | -176x |
| Cash | LK₨345.55m |
| Equity | LK₨1.81b |
| Total liabilities | LK₨472.00k |
| Total assets | LK₨1.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIT.N0000's short term assets (LKR350.4M) exceed its short term liabilities (LKR472.0K).
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 0.9%.
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.