Mauritius Development Investment Trust Balance Sheet Health
Financial Health criteria checks 3/6
Mauritius Development Investment Trust has a total shareholder equity of MUR1.4B and total debt of MUR116.6M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are MUR1.5B and MUR116.6M respectively. Mauritius Development Investment Trust's EBIT is MUR27.8M making its interest coverage ratio 6.6. It has cash and short-term investments of MUR45.2M.
Key information
8.6%
Debt to equity ratio
MU₨116.59m
Debt
Interest coverage ratio | 6.6x |
Cash | MU₨45.16m |
Equity | MU₨1.36b |
Total liabilities | MU₨116.59m |
Total assets | MU₨1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDIT.N0000's short term assets (MUR63.9M) do not cover its short term liabilities (MUR116.6M).
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 (5.3%) is considered satisfactory.
Reducing Debt: MDIT.N0000's debt to equity ratio has increased from 4.3% to 8.6% over the past 5 years.
Debt Coverage: MDIT.N0000's debt is not well covered by operating cash flow (5%).
Interest Coverage: MDIT.N0000's interest payments on its debt are well covered by EBIT (6.6x coverage).