New Mauritius Hotels Balance Sheet Health
Financial Health criteria checks 1/6
New Mauritius Hotels has a total shareholder equity of MUR11.8B and total debt of MUR19.1B, which brings its debt-to-equity ratio to 162.1%. Its total assets and total liabilities are MUR43.8B and MUR32.0B respectively. New Mauritius Hotels's EBIT is MUR3.5B making its interest coverage ratio 2.6. It has cash and short-term investments of MUR199.8M.
Key information
162.1%
Debt to equity ratio
MU₨19.06b
Debt
| Interest coverage ratio | 2.6x |
| Cash | MU₨199.85m |
| Equity | MU₨11.76b |
| Total liabilities | MU₨32.01b |
| Total assets | MU₨43.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NMHL.P0000's short term assets (MUR5.7B) do not cover its short term liabilities (MUR13.0B).
Long Term Liabilities: NMHL.P0000's short term assets (MUR5.7B) do not cover its long term liabilities (MUR19.1B).
Debt to Equity History and Analysis
Debt Level: NMHL.P0000's net debt to equity ratio (160.4%) is considered high.
Reducing Debt: NMHL.P0000's debt to equity ratio has increased from 117.2% to 162.1% over the past 5 years.
Debt Coverage: NMHL.P0000's debt is well covered by operating cash flow (23.3%).
Interest Coverage: NMHL.P0000's interest payments on its debt are not well covered by EBIT (2.6x coverage).