Commercial Credit and Finance Balance Sheet Health
Financial Health criteria checks 5/6
Commercial Credit and Finance has a total shareholder equity of LKR22.2B and total debt of LKR17.0B, which brings its debt-to-equity ratio to 76.3%. Its total assets and total liabilities are LKR105.5B and LKR83.3B respectively.
Key information
76.3%
Debt to equity ratio
LK₨16.97b
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨10.61b |
| Equity | LK₨22.24b |
| Total liabilities | LK₨83.31b |
| Total assets | LK₨105.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COCR.N0000's short term assets (LKR93.7B) exceed its short term liabilities (LKR63.3B).
Long Term Liabilities: COCR.N0000's short term assets (LKR93.7B) exceed its long term liabilities (LKR20.0B).
Debt to Equity History and Analysis
Debt Level: COCR.N0000's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: COCR.N0000's debt to equity ratio has reduced from 149.1% to 76.3% over the past 5 years.
Debt Coverage: COCR.N0000's debt is well covered by operating cash flow (29.5%).
Interest Coverage: Insufficient data to determine if COCR.N0000's interest payments on its debt are well covered by EBIT.