Lux Island Resorts Balance Sheet Health
Financial Health criteria checks 3/6
Lux Island Resorts has a total shareholder equity of MUR8.9B and total debt of MUR4.4B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are MUR19.4B and MUR10.5B respectively. Lux Island Resorts's EBIT is MUR1.6B making its interest coverage ratio 2.8. It has cash and short-term investments of MUR1.0B.
Key information
49.2%
Debt to equity ratio
MU₨4.38b
Debt
Interest coverage ratio | 2.8x |
Cash | MU₨1.04b |
Equity | MU₨8.92b |
Total liabilities | MU₨10.49b |
Total assets | MU₨19.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRL.N0000's short term assets (MUR2.6B) do not cover its short term liabilities (MUR3.1B).
Long Term Liabilities: NRL.N0000's short term assets (MUR2.6B) do not cover its long term liabilities (MUR7.3B).
Debt to Equity History and Analysis
Debt Level: NRL.N0000's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: NRL.N0000's debt to equity ratio has reduced from 60.2% to 49.2% over the past 5 years.
Debt Coverage: NRL.N0000's debt is well covered by operating cash flow (59.7%).
Interest Coverage: NRL.N0000's interest payments on its debt are not well covered by EBIT (2.8x coverage).