Ceylon Hospitals Balance Sheet Health
Financial Health criteria checks 4/6
Ceylon Hospitals has a total shareholder equity of LKR9.3B and total debt of LKR2.6B, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are LKR15.0B and LKR5.6B respectively. Ceylon Hospitals's EBIT is LKR606.4M making its interest coverage ratio 6.6. It has cash and short-term investments of LKR1.3B.
Key information
27.9%
Debt to equity ratio
LK₨2.60b
Debt
| Interest coverage ratio | 6.6x |
| Cash | LK₨1.27b |
| Equity | LK₨9.32b |
| Total liabilities | LK₨5.64b |
| Total assets | LK₨14.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHL.X0000's short term assets (LKR2.7B) exceed its short term liabilities (LKR2.3B).
Long Term Liabilities: CHL.X0000's short term assets (LKR2.7B) do not cover its long term liabilities (LKR3.4B).
Debt to Equity History and Analysis
Debt Level: CHL.X0000's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: CHL.X0000's debt to equity ratio has increased from 21.1% to 27.9% over the past 5 years.
Debt Coverage: CHL.X0000's debt is well covered by operating cash flow (55.6%).
Interest Coverage: CHL.X0000's interest payments on its debt are well covered by EBIT (6.6x coverage).