Fincorp Investment Balance Sheet Health
Financial Health criteria checks 2/6
Fincorp Investment has a total shareholder equity of MUR8.2B and total debt of MUR716.1M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are MUR13.6B and MUR5.4B respectively.
Key information
8.7%
Debt to equity ratio
MU₨716.07m
Debt
| Interest coverage ratio | n/a |
| Cash | MU₨266.00m |
| Equity | MU₨8.22b |
| Total liabilities | MU₨5.37b |
| Total assets | MU₨13.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FINC.N0000's short term assets (MUR3.6B) do not cover its short term liabilities (MUR4.6B).
Long Term Liabilities: FINC.N0000's short term assets (MUR3.6B) exceed its long term liabilities (MUR762.3M).
Debt to Equity History and Analysis
Debt Level: FINC.N0000's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: FINC.N0000's debt to equity ratio has increased from 5.6% to 8.7% over the past 5 years.
Debt Coverage: FINC.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FINC.N0000's interest payments on its debt are well covered by EBIT.