Cargo Boat Development Balance Sheet Health
Financial Health criteria checks 5/6
Cargo Boat Development has a total shareholder equity of LKR2.8B and total debt of LKR510.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are LKR2.9B and LKR130.4M respectively.
Key information
0.02%
Debt to equity ratio
LK₨510.00k
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨126.46m |
| Equity | LK₨2.76b |
| Total liabilities | LK₨130.45m |
| Total assets | LK₨2.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CABO.N0000's short term assets (LKR181.0M) exceed its short term liabilities (LKR49.2M).
Long Term Liabilities: CABO.N0000's short term assets (LKR181.0M) exceed its long term liabilities (LKR81.2M).
Debt to Equity History and Analysis
Debt Level: CABO.N0000 has more cash than its total debt.
Reducing Debt: CABO.N0000's debt to equity ratio has reduced from 0.03% to 0.02% over the past 5 years.
Debt Coverage: CABO.N0000's debt is well covered by operating cash flow (3183.9%).
Interest Coverage: Insufficient data to determine if CABO.N0000's interest payments on its debt are well covered by EBIT.