CIM Financial Services Balance Sheet Health
Financial Health criteria checks 2/6
CIM Financial Services has a total shareholder equity of MUR6.1B and total debt of MUR15.2B, which brings its debt-to-equity ratio to 250.6%. Its total assets and total liabilities are MUR24.2B and MUR18.1B respectively.
Key information
250.6%
Debt to equity ratio
MU₨15.20b
Debt
Interest coverage ratio | n/a |
Cash | MU₨524.00m |
Equity | MU₨6.06b |
Total liabilities | MU₨18.09b |
Total assets | MU₨24.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIM.N0000's short term assets (MUR22.2B) exceed its short term liabilities (MUR683.8M).
Long Term Liabilities: CIM.N0000's short term assets (MUR22.2B) exceed its long term liabilities (MUR17.4B).
Debt to Equity History and Analysis
Debt Level: CIM.N0000's net debt to equity ratio (241.9%) is considered high.
Reducing Debt: CIM.N0000's debt to equity ratio has increased from 148.5% to 250.6% over the past 5 years.
Debt Coverage: CIM.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CIM.N0000's interest payments on its debt are well covered by EBIT.