Commercial Credit and Finance Balance Sheet Health
Financial Health criteria checks 4/6
Commercial Credit and Finance has a total shareholder equity of LKR24.9B and total debt of LKR19.3B, which brings its debt-to-equity ratio to 77.2%. Its total assets and total liabilities are LKR109.8B and LKR84.8B respectively.
Key information
77.2%
Debt to equity ratio
LK₨19.27b
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨14.00b |
| Equity | LK₨24.95b |
| Total liabilities | LK₨84.84b |
| Total assets | LK₨109.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COCR.N0000's short term assets (LKR95.5B) exceed its short term liabilities (LKR62.5B).
Long Term Liabilities: COCR.N0000's short term assets (LKR95.5B) exceed its long term liabilities (LKR22.3B).
Debt to Equity History and Analysis
Debt Level: COCR.N0000's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: COCR.N0000's debt to equity ratio has reduced from 151.1% to 77.2% over the past 5 years.
Debt Coverage: COCR.N0000's debt is not well covered by operating cash flow (9%).
Interest Coverage: Insufficient data to determine if COCR.N0000's interest payments on its debt are well covered by EBIT.