Attitude Property Balance Sheet Health
Financial Health criteria checks 2/6
Attitude Property has a total shareholder equity of MUR2.1B and total debt of MUR1.4B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are MUR3.5B and MUR1.4B respectively. Attitude Property's EBIT is MUR204.5M making its interest coverage ratio 3.2. It has cash and short-term investments of MUR180.0M.
Key information
65.9%
Debt to equity ratio
MU₨1.36b
Debt
Interest coverage ratio | 3.2x |
Cash | MU₨180.01m |
Equity | MU₨2.06b |
Total liabilities | MU₨1.41b |
Total assets | MU₨3.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APL.I0000's short term assets (MUR371.9M) exceed its short term liabilities (MUR48.8M).
Long Term Liabilities: APL.I0000's short term assets (MUR371.9M) do not cover its long term liabilities (MUR1.4B).
Debt to Equity History and Analysis
Debt Level: APL.I0000's net debt to equity ratio (57.2%) is considered high.
Reducing Debt: APL.I0000's debt to equity ratio has increased from 15.1% to 65.9% over the past 5 years.
Debt Coverage: APL.I0000's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: APL.I0000's interest payments on its debt are well covered by EBIT (3.2x coverage).