GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Ceylon Cold Stores PLC (COL:CCS.N0000) » Definitions » Equity-to-Asset

Ceylon Cold Stores (COL:CCS.N0000) Equity-to-Asset : 0.28 (As of Mar. 2024)


View and export this data going back to 1970. Start your Free Trial

What is Ceylon Cold Stores Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ceylon Cold Stores's Total Stockholders Equity for the quarter that ended in Mar. 2024 was රු20,451 Mil. Ceylon Cold Stores's Total Assets for the quarter that ended in Mar. 2024 was රු73,744 Mil. Therefore, Ceylon Cold Stores's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.28.

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

COL:CCS.N0000' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.37   Max: 0.65
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of Ceylon Cold Stores was 0.65. The lowest was 0.27. And the median was 0.37.

COL:CCS.N0000's Equity-to-Asset is ranked worse than
82.73% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.565 vs COL:CCS.N0000: 0.28

Ceylon Cold Stores Equity-to-Asset Historical Data

The historical data trend for Ceylon Cold Stores's Equity-to-Asset 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 Cold Stores Equity-to-Asset Chart

Ceylon Cold Stores Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.31 0.29 0.27 0.28

Ceylon Cold Stores Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.27 0.29 0.28 0.28

Competitive Comparison of Ceylon Cold Stores's Equity-to-Asset

For the Beverages - Non-Alcoholic subindustry, Ceylon Cold Stores's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Cold Stores's Equity-to-Asset Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ceylon Cold Stores's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ceylon Cold Stores's Equity-to-Asset falls into.



Ceylon Cold Stores Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Ceylon Cold Stores's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=20450.697/73743.741
=0.28

Ceylon Cold Stores's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=20450.697/73743.741
=0.28

* 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.


Ceylon Cold Stores  (COL:CCS.N0000) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Ceylon Cold Stores Equity-to-Asset Related Terms

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


Ceylon Cold Stores (COL:CCS.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 148, Vauxhall Street, Colombo, LKA, 02
Ceylon Cold Stores PLC is a Sri Lankan company that is engaged in the manufacturing and marketing of beverages and frozen confectionery. The company operates through two business segments namely Manufacturing and Supermarkets. It generates maximum revenue from the Supermarkets segment. The company offers carbonated soft drinks, including ginger beer, cream, and apple soda, raspberry flavored Necto, orange-flavored orange crush and orange barley, lemonade, dry ginger ale, and toni, bottled drinking water, energy drinks, and ice creams. Geographically, it derives a majority of its revenue from Sri Lanka.

Ceylon Cold Stores (COL:CCS.N0000) Headlines

No Headlines