Livestock Feed Balance Sheet Health
Financial Health criteria checks 2/6
Livestock Feed has a total shareholder equity of MUR2.8B and total debt of MUR1.5B, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are MUR4.6B and MUR1.8B respectively. Livestock Feed's EBIT is MUR337.5M making its interest coverage ratio 2.4. It has cash and short-term investments of MUR119.7M.
Key information
54.7%
Debt to equity ratio
MU₨1.54b
Debt
| Interest coverage ratio | 2.4x |
| Cash | MU₨119.69m |
| Equity | MU₨2.81b |
| Total liabilities | MU₨1.79b |
| Total assets | MU₨4.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFL.I0000's short term assets (MUR2.1B) exceed its short term liabilities (MUR1.5B).
Long Term Liabilities: LFL.I0000's short term assets (MUR2.1B) exceed its long term liabilities (MUR256.0M).
Debt to Equity History and Analysis
Debt Level: LFL.I0000's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: LFL.I0000's debt to equity ratio has increased from 0% to 54.7% over the past 5 years.
Debt Coverage: LFL.I0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LFL.I0000's interest payments on its debt are not well covered by EBIT (2.4x coverage).