Excelsior United Development Companies Balance Sheet Health
Financial Health criteria checks 5/6
Excelsior United Development Companies has a total shareholder equity of MUR2.1B and total debt of MUR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MUR2.2B and MUR116.7M respectively. Excelsior United Development Companies's EBIT is MUR42.4M making its interest coverage ratio -19.3. It has cash and short-term investments of MUR20.5M.
Key information
0%
Debt to equity ratio
MU₨0
Debt
Interest coverage ratio
-19.3x
Cash
MU₨20.54m
Equity
MU₨2.13b
Total liabilities
MU₨116.66m
Total assets
MU₨2.25b
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EUDC.I0000's short term assets (MUR63.7M) do not cover its short term liabilities (MUR95.0M).
Long Term Liabilities: EUDC.I0000's short term assets (MUR63.7M) exceed its long term liabilities (MUR21.7M).
Debt to Equity History and Analysis
Debt Level: EUDC.I0000 is debt free.
Reducing Debt: EUDC.I0000 has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
Debt Coverage: EUDC.I0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EUDC.I0000 has no debt, therefore coverage of interest payments is not a concern.