Carson Cumberbatch Balance Sheet Health
Financial Health criteria checks 6/6
Carson Cumberbatch has a total shareholder equity of LKR157.5B and total debt of LKR82.5B, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are LKR295.0B and LKR137.5B respectively. Carson Cumberbatch's EBIT is LKR41.8B making its interest coverage ratio 4.7. It has cash and short-term investments of LKR49.7B.
Key information
52.4%
Debt to equity ratio
LK₨82.46b
Debt
| Interest coverage ratio | 4.7x |
| Cash | LK₨49.66b |
| Equity | LK₨157.49b |
| Total liabilities | LK₨137.50b |
| Total assets | LK₨294.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CARS.N0000's short term assets (LKR96.4B) exceed its short term liabilities (LKR59.5B).
Long Term Liabilities: CARS.N0000's short term assets (LKR96.4B) exceed its long term liabilities (LKR78.0B).
Debt to Equity History and Analysis
Debt Level: CARS.N0000's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: CARS.N0000's debt to equity ratio has reduced from 111.7% to 52.4% over the past 5 years.
Debt Coverage: CARS.N0000's debt is well covered by operating cash flow (45.4%).
Interest Coverage: CARS.N0000's interest payments on its debt are well covered by EBIT (4.7x coverage).