Mauritius Development Investment Trust Balance Sheet Health
Financial Health criteria checks 4/6
Mauritius Development Investment Trust has a total shareholder equity of MUR1.4B and total debt of MUR107.7M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are MUR1.6B and MUR141.5M respectively. Mauritius Development Investment Trust's EBIT is MUR174.1M making its interest coverage ratio 41.2. It has cash and short-term investments of MUR18.8M.
Key information
7.5%
Debt to equity ratio
MU₨107.67m
Debt
| Interest coverage ratio | 41.2x |
| Cash | MU₨18.83m |
| Equity | MU₨1.43b |
| Total liabilities | MU₨141.54m |
| Total assets | MU₨1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDIT.N0000's short term assets (MUR50.8M) do not cover its short term liabilities (MUR141.5M).
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 (6.2%) is considered satisfactory.
Reducing Debt: MDIT.N0000's debt to equity ratio has reduced from 7.6% to 7.5% over the past 5 years.
Debt Coverage: MDIT.N0000's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: MDIT.N0000's interest payments on its debt are well covered by EBIT (41.2x coverage).