IBL Balance Sheet Health
Financial Health criteria checks 1/6
IBL has a total shareholder equity of MUR40.4B and total debt of MUR37.0B, which brings its debt-to-equity ratio to 91.7%. Its total assets and total liabilities are MUR115.6B and MUR75.2B respectively. IBL's EBIT is MUR4.9B making its interest coverage ratio 2. It has cash and short-term investments of MUR4.7B.
Key information
91.7%
Debt to equity ratio
MU₨37.01b
Debt
| Interest coverage ratio | 2x |
| Cash | MU₨4.68b |
| Equity | MU₨40.38b |
| Total liabilities | MU₨75.19b |
| Total assets | MU₨115.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IBLL.N0000's short term assets (MUR35.7B) do not cover its short term liabilities (MUR38.2B).
Long Term Liabilities: IBLL.N0000's short term assets (MUR35.7B) do not cover its long term liabilities (MUR37.0B).
Debt to Equity History and Analysis
Debt Level: IBLL.N0000's net debt to equity ratio (80.1%) is considered high.
Reducing Debt: IBLL.N0000's debt to equity ratio has increased from 49.3% to 91.7% over the past 5 years.
Debt Coverage: IBLL.N0000's debt is well covered by operating cash flow (21.4%).
Interest Coverage: IBLL.N0000's interest payments on its debt are not well covered by EBIT (2x coverage).