Lion Brewery (Ceylon) Balance Sheet Health
Financial Health criteria checks 6/6
Lion Brewery (Ceylon) has a total shareholder equity of LKR25.0B and total debt of LKR8.4B, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are LKR51.9B and LKR26.9B respectively. Lion Brewery (Ceylon)'s EBIT is LKR14.4B making its interest coverage ratio 7.6. It has cash and short-term investments of LKR11.4B.
Key information
33.8%
Debt to equity ratio
LK₨8.45b
Debt
Interest coverage ratio | 7.6x |
Cash | LK₨11.39b |
Equity | LK₨24.96b |
Total liabilities | LK₨26.93b |
Total assets | LK₨51.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LION.N0000's short term assets (LKR26.0B) exceed its short term liabilities (LKR18.6B).
Long Term Liabilities: LION.N0000's short term assets (LKR26.0B) exceed its long term liabilities (LKR8.4B).
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 113.7% to 33.8% over the past 5 years.
Debt Coverage: LION.N0000's debt is well covered by operating cash flow (140.7%).
Interest Coverage: LION.N0000's interest payments on its debt are well covered by EBIT (7.6x coverage).