Industrial Asphalts (Ceylon) Financial Health
How is Industrial Asphalts (Ceylon)'s financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ASPH.N0000's short term assets (LKR180.3M) exceed its short term liabilities (LKR38.0M).
Long Term Liabilities: ASPH.N0000's short term assets (LKR180.3M) do not cover its long term liabilities (LKR-9.9M).
Debt to Equity History and Analysis
Debt Level: ASPH.N0000 is debt free.
Reducing Debt: ASPH.N0000 has no debt compared to 5 years ago when its debt to equity ratio was 132.4%.
Debt Coverage: ASPH.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASPH.N0000 has no debt, therefore coverage of interest payments is not a concern.