Ceylon Tobacco Company PLC

COSE:CTC.N0000 Stock Report

Market Cap: LK₨243.0b

Ceylon Tobacco Balance Sheet Health

Financial Health criteria checks 5/6

Ceylon Tobacco has a total shareholder equity of LKR12.8B and total debt of LKR300.0M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are LKR44.0B and LKR31.2B respectively. Ceylon Tobacco's EBIT is LKR46.4B making its interest coverage ratio -30. It has cash and short-term investments of LKR23.3B.

Key information

2.4%

Debt to equity ratio

LK₨300.00m

Debt

Interest coverage ratio-30x
CashLK₨23.31b
EquityLK₨12.75b
Total liabilitiesLK₨31.23b
Total assetsLK₨43.98b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CTC.N0000's short term assets (LKR37.6B) exceed its short term liabilities (LKR30.4B).

Long Term Liabilities: CTC.N0000's short term assets (LKR37.6B) exceed its long term liabilities (LKR874.0M).


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 2.4% over the past 5 years.

Debt Coverage: CTC.N0000's debt is well covered by operating cash flow (8298.1%).

Interest Coverage: CTC.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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