ENL Balance Sheet Health
Financial Health criteria checks 1/6
ENL has a total shareholder equity of MUR50.3B and total debt of MUR34.4B, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are MUR96.1B and MUR45.8B respectively. ENL's EBIT is MUR3.1B making its interest coverage ratio 1.5. It has cash and short-term investments of MUR4.8B.
Key information
68.3%
Debt to equity ratio
MU₨34.36b
Debt
Interest coverage ratio | 1.5x |
Cash | MU₨4.79b |
Equity | MU₨50.28b |
Total liabilities | MU₨45.81b |
Total assets | MU₨96.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENLG.N0000's short term assets (MUR18.0B) exceed its short term liabilities (MUR11.5B).
Long Term Liabilities: ENLG.N0000's short term assets (MUR18.0B) do not cover its long term liabilities (MUR34.4B).
Debt to Equity History and Analysis
Debt Level: ENLG.N0000's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: ENLG.N0000's debt to equity ratio has increased from 53.7% to 68.3% over the past 5 years.
Debt Coverage: ENLG.N0000's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: ENLG.N0000's interest payments on its debt are not well covered by EBIT (1.5x coverage).