Ceylon Land & Equity PLC

COSE:KZOO.N0000 Stock Report

Market Cap: LK₨2.5b

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 ratio1x
CashLK₨24.61m
EquityLK₨3.94b
Total liabilitiesLK₨109.86m
Total assetsLK₨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).


Balance Sheet


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