Ceylon Grain Elevators Balance Sheet Health
Financial Health criteria checks 6/6
Ceylon Grain Elevators has a total shareholder equity of LKR14.5B and total debt of LKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are LKR18.9B and LKR4.4B respectively. Ceylon Grain Elevators's EBIT is LKR4.0B making its interest coverage ratio -5.9. It has cash and short-term investments of LKR8.1B.
Key information
0%
Debt to equity ratio
LK₨0
Debt
Interest coverage ratio | -5.9x |
Cash | LK₨8.14b |
Equity | LK₨14.51b |
Total liabilities | LK₨4.39b |
Total assets | LK₨18.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRAN.N0000's short term assets (LKR14.9B) exceed its short term liabilities (LKR3.1B).
Long Term Liabilities: GRAN.N0000's short term assets (LKR14.9B) exceed its long term liabilities (LKR1.3B).
Debt to Equity History and Analysis
Debt Level: GRAN.N0000 is debt free.
Reducing Debt: GRAN.N0000 had no debt 5 years ago.
Debt Coverage: GRAN.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GRAN.N0000 has no debt, therefore coverage of interest payments is not a concern.