IBL Balance Sheet Health
Financial Health criteria checks 1/6
IBL has a total shareholder equity of MUR45.4B and total debt of MUR50.1B, which brings its debt-to-equity ratio to 110.3%. Its total assets and total liabilities are MUR133.4B and MUR88.0B respectively. IBL's EBIT is MUR5.4B making its interest coverage ratio 1.6. It has cash and short-term investments of MUR12.0B.
Key information
110.3%
Debt to equity ratio
MU₨50.08b
Debt
| Interest coverage ratio | 1.6x |
| Cash | MU₨12.04b |
| Equity | MU₨45.40b |
| Total liabilities | MU₨87.95b |
| Total assets | MU₨133.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IBLL.N0000's short term assets (MUR41.1B) exceed its short term liabilities (MUR37.9B).
Long Term Liabilities: IBLL.N0000's short term assets (MUR41.1B) do not cover its long term liabilities (MUR50.1B).
Debt to Equity History and Analysis
Debt Level: IBLL.N0000's net debt to equity ratio (83.8%) is considered high.
Reducing Debt: IBLL.N0000's debt to equity ratio has increased from 49.7% to 110.3% over the past 5 years.
Debt Coverage: IBLL.N0000's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: IBLL.N0000's interest payments on its debt are not well covered by EBIT (1.6x coverage).