Fincorp Investment Balance Sheet Health
Financial Health criteria checks 3/6
Fincorp Investment has a total shareholder equity of MUR7.6B and total debt of MUR584.3M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are MUR12.6B and MUR5.1B respectively.
Key information
7.7%
Debt to equity ratio
MU₨584.34m
Debt
| Interest coverage ratio | n/a |
| Cash | MU₨159.21m |
| Equity | MU₨7.55b |
| Total liabilities | MU₨5.06b |
| Total assets | MU₨12.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FINC.N0000's short term assets (MUR3.4B) do not cover its short term liabilities (MUR4.4B).
Long Term Liabilities: FINC.N0000's short term assets (MUR3.4B) exceed its long term liabilities (MUR619.4M).
Debt to Equity History and Analysis
Debt Level: FINC.N0000's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: FINC.N0000's debt to equity ratio has increased from 6.6% to 7.7% over the past 5 years.
Debt Coverage: FINC.N0000's debt is well covered by operating cash flow (140.7%).
Interest Coverage: Insufficient data to determine if FINC.N0000's interest payments on its debt are well covered by EBIT.