Harel Mallac Balance Sheet Health
Financial Health criteria checks 1/6
Harel Mallac has a total shareholder equity of MUR1.4B and total debt of MUR891.0M, which brings its debt-to-equity ratio to 65.4%. Its total assets and total liabilities are MUR4.4B and MUR3.0B respectively. Harel Mallac's EBIT is MUR47.5M making its interest coverage ratio 0.4. It has cash and short-term investments of MUR124.6M.
Key information
65.4%
Debt to equity ratio
MU₨891.04m
Debt
| Interest coverage ratio | 0.4x |
| Cash | MU₨124.56m |
| Equity | MU₨1.36b |
| Total liabilities | MU₨3.03b |
| Total assets | MU₨4.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HML.N0000's short term assets (MUR1.9B) do not cover its short term liabilities (MUR2.1B).
Long Term Liabilities: HML.N0000's short term assets (MUR1.9B) exceed its long term liabilities (MUR891.0M).
Debt to Equity History and Analysis
Debt Level: HML.N0000's net debt to equity ratio (56.3%) is considered high.
Reducing Debt: HML.N0000's debt to equity ratio has increased from 0% to 65.4% over the past 5 years.
Debt Coverage: HML.N0000's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: HML.N0000's interest payments on its debt are not well covered by EBIT (0.4x coverage).