Attitude Property Ltd

MUSE:APL.I0000 Stock Report

Market Cap: MU₨1.8b

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 66.8%. Its total assets and total liabilities are MUR3.4B and MUR1.4B respectively. Attitude Property's EBIT is MUR194.3M making its interest coverage ratio 3.3. It has cash and short-term investments of MUR45.1M.

Key information

66.8%

Debt to equity ratio

MU₨1.37b

Debt

Interest coverage ratio3.3x
CashMU₨45.10m
EquityMU₨2.05b
Total liabilitiesMU₨1.39b
Total assetsMU₨3.44b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: APL.I0000's short term assets (MUR373.6M) exceed its short term liabilities (MUR19.0M).

Long Term Liabilities: APL.I0000's short term assets (MUR373.6M) 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 (64.6%) is considered high.

Reducing Debt: APL.I0000's debt to equity ratio has increased from 54.9% to 66.8% over the past 5 years.

Debt Coverage: APL.I0000's debt is not well covered by operating cash flow (16.2%).

Interest Coverage: APL.I0000's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


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