CIEL Balance Sheet Health
Financial Health criteria checks 4/6
CIEL has a total shareholder equity of MUR33.7B and total debt of MUR16.6B, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are MUR100.6B and MUR66.9B respectively. CIEL's EBIT is MUR7.7B making its interest coverage ratio 3. It has cash and short-term investments of MUR11.9B.
Key information
49.3%
Debt to equity ratio
MU₨16.61b
Debt
| Interest coverage ratio | 3x |
| Cash | MU₨11.86b |
| Equity | MU₨33.69b |
| Total liabilities | MU₨66.93b |
| Total assets | MU₨100.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIEL.N0000's short term assets (MUR15.8B) do not cover its short term liabilities (MUR16.0B).
Long Term Liabilities: CIEL.N0000's short term assets (MUR15.8B) do not cover its long term liabilities (MUR50.9B).
Debt to Equity History and Analysis
Debt Level: CIEL.N0000's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: CIEL.N0000's debt to equity ratio has reduced from 52% to 49.3% over the past 5 years.
Debt Coverage: CIEL.N0000's debt is well covered by operating cash flow (39.4%).
Interest Coverage: CIEL.N0000's interest payments on its debt are well covered by EBIT (3x coverage).