CIEL Balance Sheet Health
Financial Health criteria checks 4/6
CIEL has a total shareholder equity of MUR33.8B and total debt of MUR15.7B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are MUR104.6B and MUR70.8B respectively. CIEL's EBIT is MUR5.7B making its interest coverage ratio 6.8. It has cash and short-term investments of MUR12.7B.
Key information
46.3%
Debt to equity ratio
MU₨15.65b
Debt
| Interest coverage ratio | 6.8x |
| Cash | MU₨12.72b |
| Equity | MU₨33.82b |
| Total liabilities | MU₨70.79b |
| Total assets | MU₨104.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIEL.N0000's short term assets (MUR16.5B) do not cover its short term liabilities (MUR18.4B).
Long Term Liabilities: CIEL.N0000's short term assets (MUR16.5B) do not cover its long term liabilities (MUR52.3B).
Debt to Equity History and Analysis
Debt Level: CIEL.N0000's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: CIEL.N0000's debt to equity ratio has reduced from 87.5% to 46.3% over the past 5 years.
Debt Coverage: CIEL.N0000's debt is well covered by operating cash flow (35.9%).
Interest Coverage: CIEL.N0000's interest payments on its debt are well covered by EBIT (6.8x coverage).