Attitude Property Ltd

MUSE:APL.I0000 Stock Report

Market Cap: MU₨1.9b

Attitude Property Balance Sheet Health

Financial Health criteria checks 3/6

Attitude Property has a total shareholder equity of MUR2.0B and total debt of MUR1.4B, which brings its debt-to-equity ratio to 67.4%. Its total assets and total liabilities are MUR3.4B and MUR1.4B respectively. Attitude Property's EBIT is MUR192.5M making its interest coverage ratio 3.1. It has cash and short-term investments of MUR91.9M.

Key information

67.4%

Debt to equity ratio

MU₨1.36b

Debt

Interest coverage ratio3.1x
CashMU₨91.87m
EquityMU₨2.02b
Total liabilitiesMU₨1.41b
Total assetsMU₨3.43b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: APL.I0000's short term assets (MUR348.3M) exceed its short term liabilities (MUR44.2M).

Long Term Liabilities: APL.I0000's short term assets (MUR348.3M) 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 (62.8%) is considered high.

Reducing Debt: APL.I0000's debt to equity ratio has increased from 45.4% to 67.4% over the past 5 years.

Debt Coverage: APL.I0000's debt is well covered by operating cash flow (27.8%).

Interest Coverage: APL.I0000's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


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