Ceylon Guardian Investment Trust Balance Sheet Health
Financial Health criteria checks 6/6
Ceylon Guardian Investment Trust has a total shareholder equity of LKR25.5B and total debt of LKR58.6M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are LKR25.7B and LKR213.2M respectively. Ceylon Guardian Investment Trust's EBIT is LKR1.9B making its interest coverage ratio 31.9. It has cash and short-term investments of LKR12.8B.
Key information
0.2%
Debt to equity ratio
LK₨58.63m
Debt
| Interest coverage ratio | 31.9x |
| Cash | LK₨12.77b |
| Equity | LK₨25.52b |
| Total liabilities | LK₨213.22m |
| Total assets | LK₨25.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GUAR.N0000's short term assets (LKR12.8B) exceed its short term liabilities (LKR196.4M).
Long Term Liabilities: GUAR.N0000's short term assets (LKR12.8B) exceed its long term liabilities (LKR16.9M).
Debt to Equity History and Analysis
Debt Level: GUAR.N0000 has more cash than its total debt.
Reducing Debt: GUAR.N0000's debt to equity ratio has reduced from 2.1% to 0.2% over the past 5 years.
Debt Coverage: GUAR.N0000's debt is well covered by operating cash flow (5029.5%).
Interest Coverage: GUAR.N0000's interest payments on its debt are well covered by EBIT (31.9x coverage).