CIEL Balance Sheet Health
Financial Health criteria checks 4/6
CIEL has a total shareholder equity of MUR32.3B and total debt of MUR17.0B, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are MUR95.2B and MUR62.9B respectively. CIEL's EBIT is MUR7.7B making its interest coverage ratio 2.9. It has cash and short-term investments of MUR11.2B.
Key information
52.6%
Debt to equity ratio
MU₨16.98b
Debt
Interest coverage ratio | 2.9x |
Cash | MU₨11.17b |
Equity | MU₨32.30b |
Total liabilities | MU₨62.88b |
Total assets | MU₨95.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIEL.N0000's short term assets (MUR14.7B) exceed its short term liabilities (MUR14.3B).
Long Term Liabilities: CIEL.N0000's short term assets (MUR14.7B) do not cover its long term liabilities (MUR48.6B).
Debt to Equity History and Analysis
Debt Level: CIEL.N0000's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: CIEL.N0000's debt to equity ratio has reduced from 52.7% to 52.6% over the past 5 years.
Debt Coverage: CIEL.N0000's debt is well covered by operating cash flow (37.5%).
Interest Coverage: CIEL.N0000's interest payments on its debt are not well covered by EBIT (2.9x coverage).