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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:18 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Commercial Credit and Finance PLC is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Prakatheesh Nareshkumar | Asia Securities (Private) Limited |
| Hiruni Perera | First Capital Holdings PLC |