Ceylon Land & Equity Balance Sheet Health
Financial Health criteria checks 2/6
Ceylon Land & Equity has a total shareholder equity of LKR3.9B and total debt of LKR9.9M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are LKR4.1B and LKR109.9M respectively. Ceylon Land & Equity's EBIT is LKR40.2M making its interest coverage ratio 1. It has cash and short-term investments of LKR24.6M.
Key information
0.3%
Debt to equity ratio
LK₨9.88m
Debt
Interest coverage ratio | 1x |
Cash | LK₨24.61m |
Equity | LK₨3.94b |
Total liabilities | LK₨109.86m |
Total assets | LK₨4.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KZOO.N0000's short term assets (LKR27.7M) do not cover its short term liabilities (LKR109.9M).
Long Term Liabilities: KZOO.N0000 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KZOO.N0000 has more cash than its total debt.
Reducing Debt: KZOO.N0000's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: KZOO.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KZOO.N0000's interest payments on its debt are not well covered by EBIT (1x coverage).