Ceylon Tea Brokers Balance Sheet Health
Financial Health criteria checks 2/6
Ceylon Tea Brokers has a total shareholder equity of LKR585.3M and total debt of LKR2.7B, which brings its debt-to-equity ratio to 457.2%. Its total assets and total liabilities are LKR4.2B and LKR3.6B respectively. Ceylon Tea Brokers's EBIT is LKR300.2M making its interest coverage ratio 1.6. It has cash and short-term investments of LKR904.5M.
Key information
457.2%
Debt to equity ratio
LK₨2.68b
Debt
| Interest coverage ratio | 1.6x |
| Cash | LK₨904.54m |
| Equity | LK₨585.26m |
| Total liabilities | LK₨3.64b |
| Total assets | LK₨4.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTBL.N0000's short term assets (LKR3.0B) exceed its short term liabilities (LKR2.8B).
Long Term Liabilities: CTBL.N0000's short term assets (LKR3.0B) exceed its long term liabilities (LKR875.2M).
Debt to Equity History and Analysis
Debt Level: CTBL.N0000's net debt to equity ratio (302.6%) is considered high.
Reducing Debt: CTBL.N0000's debt to equity ratio has increased from 331% to 457.2% over the past 5 years.
Debt Coverage: CTBL.N0000's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: CTBL.N0000's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:18 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ceylon Tea Brokers PLC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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