Ceylinco Insurance Balance Sheet Health
Financial Health criteria checks 4/6
Ceylinco Insurance has a total shareholder equity of LKR91.9B and total debt of LKR6.4B, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are LKR299.8B and LKR207.9B respectively. Ceylinco Insurance's EBIT is LKR14.8B making its interest coverage ratio 39.8. It has cash and short-term investments of LKR7.3B.
Key information
7.0%
Debt to equity ratio
LK₨6.44b
Debt
Interest coverage ratio | 39.8x |
Cash | LK₨7.33b |
Equity | LK₨91.93b |
Total liabilities | LK₨207.89b |
Total assets | LK₨299.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CINS.X0000's short term assets (LKR24.4B) exceed its short term liabilities (LKR23.3B).
Long Term Liabilities: CINS.X0000's short term assets (LKR24.4B) do not cover its long term liabilities (LKR184.5B).
Debt to Equity History and Analysis
Debt Level: CINS.X0000 has more cash than its total debt.
Reducing Debt: CINS.X0000's debt to equity ratio has increased from 4.6% to 7% over the past 5 years.
Debt Coverage: CINS.X0000's debt is well covered by operating cash flow (384%).
Interest Coverage: CINS.X0000's interest payments on its debt are well covered by EBIT (39.8x coverage).