Tropical Paradise Balance Sheet Health
Financial Health criteria checks 4/6
Tropical Paradise has a total shareholder equity of MUR1.7B and total debt of MUR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MUR3.2B and MUR1.6B respectively.
Key information
0%
Debt to equity ratio
MU₨0
Debt
| Interest coverage ratio | 1.9x |
| Cash | n/a |
| Equity | MU₨1.65b |
| Total liabilities | MU₨1.55b |
| Total assets | MU₨3.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPL.I0000's short term assets (MUR235.0M) do not cover its short term liabilities (MUR571.7M).
Long Term Liabilities: TPL.I0000's short term assets (MUR235.0M) do not cover its long term liabilities (MUR981.1M).
Debt to Equity History and Analysis
Debt Level: TPL.I0000 is debt free.
Reducing Debt: TPL.I0000 had no debt 5 years ago.
Debt Coverage: TPL.I0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TPL.I0000 has no debt, therefore coverage of interest payments is not a concern.