Dilmah Ceylon Tea Balance Sheet Health
Financial Health criteria checks 6/6
Dilmah Ceylon Tea has a total shareholder equity of LKR23.0B and total debt of LKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are LKR27.3B and LKR4.3B respectively. Dilmah Ceylon Tea's EBIT is LKR1.4B making its interest coverage ratio -4.5. It has cash and short-term investments of LKR7.1B.
Key information
0%
Debt to equity ratio
LK₨0
Debt
| Interest coverage ratio | -4.5x |
| Cash | LK₨7.15b |
| Equity | LK₨22.97b |
| Total liabilities | LK₨4.30b |
| Total assets | LK₨27.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTEA.N0000's short term assets (LKR19.8B) exceed its short term liabilities (LKR2.7B).
Long Term Liabilities: CTEA.N0000's short term assets (LKR19.8B) exceed its long term liabilities (LKR1.6B).
Debt to Equity History and Analysis
Debt Level: CTEA.N0000 is debt free.
Reducing Debt: CTEA.N0000 has no debt compared to 5 years ago when its debt to equity ratio was 14.6%.
Debt Coverage: CTEA.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CTEA.N0000 has no debt, therefore coverage of interest payments is not a concern.