Ceylon Beverage Holdings (COL:BREW.N0000) Debt-to-Equity : 0.74 (As of Dec. 2023)

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

What is Ceylon Beverage Holdings Debt-to-Equity?

Ceylon Beverage Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු7,596 Mil. Ceylon Beverage Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු2,171 Mil. Ceylon Beverage Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was රු13,246 Mil. Ceylon Beverage Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.74.

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 Beverage Holdings's Debt-to-Equity or its related term are showing as below:

COL:BREW.N0000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 2.36 Max: 4.54
Current: 0.74

During the past 13 years, the highest Debt-to-Equity Ratio of Ceylon Beverage Holdings was 4.54. The lowest was 0.45. And the median was 2.36.

COL:BREW.N0000's Debt-to-Equity is ranked worse than
68.33% of 180 companies
in the Beverages - Alcoholic industry
Industry Median: 0.385 vs COL:BREW.N0000: 0.74

Ceylon Beverage Holdings Debt-to-Equity Historical Data

The historical data trend for Ceylon Beverage Holdings'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 Beverage Holdings Debt-to-Equity Chart

Ceylon Beverage Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

2.21

2.13

0.90

0.76

0.78

Ceylon Beverage Holdings 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															1.13	0.78	0.62	0.61	0.74

Competitive Comparison of Ceylon Beverage Holdings's Debt-to-Equity

For the Beverages - Brewers subindustry, Ceylon Beverage Holdings'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 Beverage Holdings's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Ceylon Beverage Holdings's Debt-to-Equity distribution charts can be found below:

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

Ceylon Beverage Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ceylon Beverage Holdings'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
	=	(7170.11	+	2140.943)	/	11981.766
	=	0.78

Ceylon Beverage Holdings'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
	=	(7596.238	+	2170.583)	/	13246.083
	=	0.74

Ceylon Beverage Holdings (COL:BREW.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 Beverage Holdings Debt-to-Equity Related Terms

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

Ceylon Beverage Holdings (COL:BREW.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Ceylon Beverage Holdings PLC (COL:BREW.N0000) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No 254, Colombo Road, Biyagama, Colombo, LKA, 01

Website

https://www.carsoncumberbatch.com

Ceylon Beverage Holdings PLC is principally engaged in brewing and marketing beers for both the local and export markets and retailing beer and alcohol products through its owned/managed wine shops and pubs. The company is also engaged in the import and marketing of globally renowned high-quality beer and spirits brands.

Ceylon Beverage Holdings (COL:BREW.N0000) Headlines

No Headlines