Ceylon Tobacco Balance Sheet Health
Financial Health criteria checks 5/6
Ceylon Tobacco has a total shareholder equity of LKR11.8B and total debt of LKR324.0M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are LKR42.9B and LKR31.2B respectively. Ceylon Tobacco's EBIT is LKR44.6B making its interest coverage ratio -28.1. It has cash and short-term investments of LKR24.5B.
Key information
2.8%
Debt to equity ratio
LK₨324.00m
Debt
Interest coverage ratio | -28.1x |
Cash | LK₨24.54b |
Equity | LK₨11.77b |
Total liabilities | LK₨31.18b |
Total assets | LK₨42.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTC.N0000's short term assets (LKR36.8B) exceed its short term liabilities (LKR30.3B).
Long Term Liabilities: CTC.N0000's short term assets (LKR36.8B) exceed its long term liabilities (LKR929.0M).
Debt to Equity History and Analysis
Debt Level: CTC.N0000 has more cash than its total debt.
Reducing Debt: CTC.N0000's debt to equity ratio has increased from 0% to 2.8% over the past 5 years.
Debt Coverage: CTC.N0000's debt is well covered by operating cash flow (11444.1%).
Interest Coverage: CTC.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.