C M Holdings Balance Sheet Health
Financial Health criteria checks 5/6
C M Holdings has a total shareholder equity of LKR3.5B and total debt of LKR804.4M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are LKR4.6B and LKR1.1B respectively. C M Holdings's EBIT is LKR154.2M making its interest coverage ratio -2.2. It has cash and short-term investments of LKR1.1B.
Key information
22.7%
Debt to equity ratio
LK₨804.37m
Debt
| Interest coverage ratio | -2.2x |
| Cash | LK₨1.05b |
| Equity | LK₨3.54b |
| Total liabilities | LK₨1.05b |
| Total assets | LK₨4.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COLO.N0000's short term assets (LKR1.7B) exceed its short term liabilities (LKR943.0M).
Long Term Liabilities: COLO.N0000's short term assets (LKR1.7B) exceed its long term liabilities (LKR111.9M).
Debt to Equity History and Analysis
Debt Level: COLO.N0000 has more cash than its total debt.
Reducing Debt: COLO.N0000's debt to equity ratio has reduced from 54.7% to 22.7% over the past 5 years.
Debt Coverage: COLO.N0000's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: COLO.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.