Lion Brewery (Ceylon) Balance Sheet Health
Financial Health criteria checks 6/6
Lion Brewery (Ceylon) has a total shareholder equity of LKR27.6B and total debt of LKR6.4B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are LKR55.4B and LKR27.8B respectively. Lion Brewery (Ceylon)'s EBIT is LKR14.9B making its interest coverage ratio 12.6. It has cash and short-term investments of LKR12.5B.
Key information
23.2%
Debt to equity ratio
LK₨6.39b
Debt
Interest coverage ratio | 12.6x |
Cash | LK₨12.46b |
Equity | LK₨27.60b |
Total liabilities | LK₨27.75b |
Total assets | LK₨55.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LION.N0000's short term assets (LKR27.3B) exceed its short term liabilities (LKR19.5B).
Long Term Liabilities: LION.N0000's short term assets (LKR27.3B) exceed its long term liabilities (LKR8.3B).
Debt to Equity History and Analysis
Debt Level: LION.N0000 has more cash than its total debt.
Reducing Debt: LION.N0000's debt to equity ratio has reduced from 99.5% to 23.2% over the past 5 years.
Debt Coverage: LION.N0000's debt is well covered by operating cash flow (177.8%).
Interest Coverage: LION.N0000's interest payments on its debt are well covered by EBIT (12.6x coverage).