Ambeon Capital Balance Sheet Health
Financial Health criteria checks 6/6
Ambeon Capital has a total shareholder equity of LKR8.9B and total debt of LKR5.4B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are LKR21.8B and LKR13.0B respectively. Ambeon Capital's EBIT is LKR941.3M making its interest coverage ratio 3.2. It has cash and short-term investments of LKR6.8B.
Key information
61.4%
Debt to equity ratio
LK₨5.44b
Debt
| Interest coverage ratio | 3.2x |
| Cash | LK₨6.82b |
| Equity | LK₨8.86b |
| Total liabilities | LK₨12.98b |
| Total assets | LK₨21.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAP.N0000's short term assets (LKR16.4B) exceed its short term liabilities (LKR11.8B).
Long Term Liabilities: TAP.N0000's short term assets (LKR16.4B) 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 160.1% to 61.4% over the past 5 years.
Debt Coverage: TAP.N0000's debt is well covered by operating cash flow (31.7%).
Interest Coverage: TAP.N0000's interest payments on its debt are well covered by EBIT (3.2x coverage).