Lux Island Resorts Balance Sheet Health
Financial Health criteria checks 4/6
Lux Island Resorts has a total shareholder equity of MUR8.8B and total debt of MUR4.0B, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are MUR19.0B and MUR10.2B respectively. Lux Island Resorts's EBIT is MUR2.0B making its interest coverage ratio 3.6. It has cash and short-term investments of MUR1.0B.
Key information
45.7%
Debt to equity ratio
MU₨4.00b
Debt
| Interest coverage ratio | 3.6x |
| Cash | MU₨1.01b |
| Equity | MU₨8.77b |
| Total liabilities | MU₨10.20b |
| Total assets | MU₨18.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRL.N0000's short term assets (MUR2.1B) do not cover its short term liabilities (MUR3.2B).
Long Term Liabilities: NRL.N0000's short term assets (MUR2.1B) do not cover its long term liabilities (MUR7.0B).
Debt to Equity History and Analysis
Debt Level: NRL.N0000's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: NRL.N0000's debt to equity ratio has reduced from 63.2% to 45.7% over the past 5 years.
Debt Coverage: NRL.N0000's debt is well covered by operating cash flow (67.3%).
Interest Coverage: NRL.N0000's interest payments on its debt are well covered by EBIT (3.6x coverage).