Tropical Paradise Balance Sheet Health
Financial Health criteria checks 1/6
Tropical Paradise has a total shareholder equity of MUR1.7B and total debt of MUR1.0B, which brings its debt-to-equity ratio to 61.3%. Its total assets and total liabilities are MUR3.2B and MUR1.5B respectively.
Key information
61.3%
Debt to equity ratio
MU₨1.03b
Debt
Interest coverage ratio | 2.2x |
Cash | n/a |
Equity | MU₨1.68b |
Total liabilities | MU₨1.55b |
Total assets | MU₨3.23b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TPL.J0000's short term assets (MUR316.5M) do not cover its short term liabilities (MUR374.0M).
Long Term Liabilities: TPL.J0000's short term assets (MUR316.5M) do not cover its long term liabilities (MUR1.2B).
Debt to Equity History and Analysis
Debt Level: TPL.J0000's net debt to equity ratio (61.3%) is considered high.
Reducing Debt: TPL.J0000's debt to equity ratio has increased from 0% to 61.3% over the past 5 years.
Debt Coverage: TPL.J0000's debt is well covered by operating cash flow (20.6%).
Interest Coverage: TPL.J0000's interest payments on its debt are not well covered by EBIT (2.2x coverage).