New Mauritius Hotels Balance Sheet Health
Financial Health criteria checks 3/6
New Mauritius Hotels has a total shareholder equity of MUR13.0B and total debt of MUR17.2B, which brings its debt-to-equity ratio to 132.8%. Its total assets and total liabilities are MUR43.9B and MUR31.0B respectively. New Mauritius Hotels's EBIT is MUR3.9B making its interest coverage ratio 3.1. It has cash and short-term investments of MUR239.6M.
Key information
132.8%
Debt to equity ratio
MU₨17.22b
Debt
| Interest coverage ratio | 3.1x |
| Cash | MU₨239.61m |
| Equity | MU₨12.97b |
| Total liabilities | MU₨30.97b |
| Total assets | MU₨43.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NMHL.N0000's short term assets (MUR4.8B) do not cover its short term liabilities (MUR13.7B).
Long Term Liabilities: NMHL.N0000's short term assets (MUR4.8B) do not cover its long term liabilities (MUR17.2B).
Debt to Equity History and Analysis
Debt Level: NMHL.N0000's net debt to equity ratio (131%) is considered high.
Reducing Debt: NMHL.N0000's debt to equity ratio has reduced from 162% to 132.8% over the past 5 years.
Debt Coverage: NMHL.N0000's debt is well covered by operating cash flow (29.9%).
Interest Coverage: NMHL.N0000's interest payments on its debt are well covered by EBIT (3.1x coverage).