Sun Balance Sheet Health
Financial Health criteria checks 6/6
Sun has a total shareholder equity of MUR13.1B and total debt of MUR1.9B, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are MUR23.7B and MUR10.7B respectively. Sun's EBIT is MUR1.5B making its interest coverage ratio 24.3. It has cash and short-term investments of MUR1.0B.
Key information
14.3%
Debt to equity ratio
MU₨1.87b
Debt
| Interest coverage ratio | 24.3x |
| Cash | MU₨1.03b |
| Equity | MU₨13.06b |
| Total liabilities | MU₨10.69b |
| Total assets | MU₨23.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUN.N0000's short term assets (MUR14.1B) exceed its short term liabilities (MUR6.7B).
Long Term Liabilities: SUN.N0000's short term assets (MUR14.1B) exceed its long term liabilities (MUR4.0B).
Debt to Equity History and Analysis
Debt Level: SUN.N0000's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: SUN.N0000's debt to equity ratio has reduced from 112.3% to 14.3% over the past 5 years.
Debt Coverage: SUN.N0000's debt is well covered by operating cash flow (122.3%).
Interest Coverage: SUN.N0000's interest payments on its debt are well covered by EBIT (24.3x coverage).