Commercial Development Balance Sheet Health
Financial Health criteria checks 6/6
Commercial Development has a total shareholder equity of LKR3.6B and total debt of LKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are LKR4.3B and LKR704.8M respectively. Commercial Development's EBIT is LKR221.9M making its interest coverage ratio -1.8. It has cash and short-term investments of LKR995.4M.
Key information
0%
Debt to equity ratio
LK₨0
Debt
| Interest coverage ratio | -1.8x |
| Cash | LK₨995.36m |
| Equity | LK₨3.62b |
| Total liabilities | LK₨704.82m |
| Total assets | LK₨4.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COMD.N0000's short term assets (LKR1.1B) exceed its short term liabilities (LKR116.7M).
Long Term Liabilities: COMD.N0000's short term assets (LKR1.1B) exceed its long term liabilities (LKR588.1M).
Debt to Equity History and Analysis
Debt Level: COMD.N0000 is debt free.
Reducing Debt: COMD.N0000 had no debt 5 years ago.
Debt Coverage: COMD.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: COMD.N0000 has no debt, therefore coverage of interest payments is not a concern.