Ambeon Capital Balance Sheet Health
Financial Health criteria checks 5/6
Ambeon Capital has a total shareholder equity of LKR8.8B and total debt of LKR3.3B, which brings its debt-to-equity ratio to 37.7%. Its total assets and total liabilities are LKR18.1B and LKR9.3B respectively. Ambeon Capital's EBIT is LKR1.9B making its interest coverage ratio 2.7. It has cash and short-term investments of LKR6.3B.
Key information
37.7%
Debt to equity ratio
LK₨3.33b
Debt
| Interest coverage ratio | 2.7x |
| Cash | LK₨6.34b |
| Equity | LK₨8.83b |
| Total liabilities | LK₨9.26b |
| Total assets | LK₨18.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAP.N0000's short term assets (LKR13.4B) exceed its short term liabilities (LKR8.1B).
Long Term Liabilities: TAP.N0000's short term assets (LKR13.4B) exceed its long term liabilities (LKR1.2B).
Debt to Equity History and Analysis
Debt Level: TAP.N0000 has more cash than its total debt.
Reducing Debt: TAP.N0000's debt to equity ratio has reduced from 159.3% to 37.7% over the past 5 years.
Debt Coverage: TAP.N0000's debt is well covered by operating cash flow (51.7%).
Interest Coverage: TAP.N0000's interest payments on its debt are not well covered by EBIT (2.7x coverage).