Sun Balance Sheet Health
Financial Health criteria checks 4/6
Sun has a total shareholder equity of MUR12.7B and total debt of MUR4.1B, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are MUR23.5B and MUR10.8B respectively. Sun's EBIT is MUR2.1B making its interest coverage ratio 7.5. It has cash and short-term investments of MUR1.5B.
Key information
32.1%
Debt to equity ratio
MU₨4.09b
Debt
Interest coverage ratio | 7.5x |
Cash | MU₨1.52b |
Equity | MU₨12.74b |
Total liabilities | MU₨10.77b |
Total assets | MU₨23.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUN.N0000's short term assets (MUR3.1B) do not cover its short term liabilities (MUR3.1B).
Long Term Liabilities: SUN.N0000's short term assets (MUR3.1B) do not cover its long term liabilities (MUR7.7B).
Debt to Equity History and Analysis
Debt Level: SUN.N0000's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: SUN.N0000's debt to equity ratio has reduced from 72.1% to 32.1% over the past 5 years.
Debt Coverage: SUN.N0000's debt is well covered by operating cash flow (65.5%).
Interest Coverage: SUN.N0000's interest payments on its debt are well covered by EBIT (7.5x coverage).