Mauritius Development Investment Trust Balance Sheet Health
Financial Health criteria checks 4/6
Mauritius Development Investment Trust has a total shareholder equity of MUR1.5B and total debt of MUR117.6M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are MUR1.6B and MUR117.6M respectively. Mauritius Development Investment Trust's EBIT is MUR138.3M making its interest coverage ratio 32.7. It has cash and short-term investments of MUR16.8M.
Key information
7.7%
Debt to equity ratio
MU₨117.58m
Debt
| Interest coverage ratio | 32.7x |
| Cash | MU₨16.75m |
| Equity | MU₨1.52b |
| Total liabilities | MU₨117.58m |
| Total assets | MU₨1.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDIT.N0000's short term assets (MUR27.5M) do not cover its short term liabilities (MUR117.6M).
Long Term Liabilities: MDIT.N0000 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MDIT.N0000's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: MDIT.N0000's debt to equity ratio has reduced from 9.2% to 7.7% over the past 5 years.
Debt Coverage: MDIT.N0000's debt is not well covered by operating cash flow (1%).
Interest Coverage: MDIT.N0000's interest payments on its debt are well covered by EBIT (32.7x coverage).