Ceylon Tobacco Balance Sheet Health
Financial Health criteria checks 5/6
Ceylon Tobacco has a total shareholder equity of LKR10.9B and total debt of LKR296.0M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are LKR42.6B and LKR31.7B respectively. Ceylon Tobacco's EBIT is LKR49.7B making its interest coverage ratio -36.5. It has cash and short-term investments of LKR25.3B.
Key information
2.7%
Debt to equity ratio
LK₨296.00m
Debt
| Interest coverage ratio | -36.5x |
| Cash | LK₨25.35b |
| Equity | LK₨10.93b |
| Total liabilities | LK₨31.68b |
| Total assets | LK₨42.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTC.N0000's short term assets (LKR36.5B) exceed its short term liabilities (LKR30.8B).
Long Term Liabilities: CTC.N0000's short term assets (LKR36.5B) exceed its long term liabilities (LKR906.0M).
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 2.7% over the past 5 years.
Debt Coverage: CTC.N0000's debt is well covered by operating cash flow (10921.4%).
Interest Coverage: CTC.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.