Ceylon Investment (COL:CINV.N0000) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Ceylon Investment Debt-to-Equity?

Ceylon Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු66.4 Mil. Ceylon Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු0.0 Mil. Ceylon Investment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was රු11,159.3 Mil. Ceylon Investment's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ceylon Investment's Debt-to-Equity or its related term are showing as below:

COL:CINV.N0000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.05
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Ceylon Investment was 0.05. The lowest was 0.00. And the median was 0.02.

COL:CINV.N0000's Debt-to-Equity is ranked better than
99.9% of 1013 companies
in the Asset Management industry
Industry Median: 0.19 vs COL:CINV.N0000: 0.01

Ceylon Investment Debt-to-Equity Historical Data

The historical data trend for Ceylon Investment's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ceylon Investment Debt-to-Equity Chart

Ceylon Investment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.05

0.02

Ceylon Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.02	0.04	-	0.01

Competitive Comparison of Ceylon Investment's Debt-to-Equity

For the Asset Management subindustry, Ceylon Investment's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ceylon Investment's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ceylon Investment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ceylon Investment's Debt-to-Equity falls into.

Ceylon Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ceylon Investment's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(251.629	+	0)	/	10572.207
	=	0.02

Ceylon Investment's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(66.407	+	0)	/	11159.255
	=	0.01

Ceylon Investment (COL:CINV.N0000) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Ceylon Investment Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Ceylon Investment's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Ceylon Investment (COL:CINV.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ceylon Investment PLC (COL:CINV.N0000) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 61, Janadhipathi Mawatha, Colombo, LKA, 01

Website

https://www.carsoncumberbatch.com

Ceylon Investment PLC is an investment company which engages in the management of investment portfolios. It holds investments in the beverage, food and tobacco, hotels and travel, telecommunications, power and energy and healthcare sectors. The company is a subsidiary of Carson Cumberbatch PLC. The investment portfolio of the company is managed by Guardian Fund Management Limited.

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