Seylan Developments Balance Sheet Health
Financial Health criteria checks 4/6
Seylan Developments has a total shareholder equity of LKR5.3B and total debt of LKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are LKR6.4B and LKR1.1B respectively. Seylan Developments's EBIT is LKR267.8M making its interest coverage ratio -3.4. It has cash and short-term investments of LKR63.7M.
Key information
0%
Debt to equity ratio
LK₨0
Debt
| Interest coverage ratio | -3.4x |
| Cash | LK₨63.66m |
| Equity | LK₨5.34b |
| Total liabilities | LK₨1.10b |
| Total assets | LK₨6.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSD.N0000's short term assets (LKR127.0M) do not cover its short term liabilities (LKR176.1M).
Long Term Liabilities: CSD.N0000's short term assets (LKR127.0M) do not cover its long term liabilities (LKR919.6M).
Debt to Equity History and Analysis
Debt Level: CSD.N0000 is debt free.
Reducing Debt: CSD.N0000 has no debt compared to 5 years ago when its debt to equity ratio was 0%.
Debt Coverage: CSD.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CSD.N0000 has no debt, therefore coverage of interest payments is not a concern.