Les Moulins de la Concorde Ltée Balance Sheet Health
Financial Health criteria checks 6/6
Les Moulins de la Concorde Ltée has a total shareholder equity of MUR2.4B and total debt of MUR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MUR3.2B and MUR794.7M respectively. Les Moulins de la Concorde Ltée's EBIT is MUR209.5M making its interest coverage ratio 7.5. It has cash and short-term investments of MUR56.9M.
Key information
0%
Debt to equity ratio
MU₨0
Debt
| Interest coverage ratio | 7.5x |
| Cash | MU₨56.91m |
| Equity | MU₨2.37b |
| Total liabilities | MU₨794.66m |
| Total assets | MU₨3.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LMLC.I0000's short term assets (MUR1.3B) exceed its short term liabilities (MUR378.9M).
Long Term Liabilities: LMLC.I0000's short term assets (MUR1.3B) exceed its long term liabilities (MUR415.8M).
Debt to Equity History and Analysis
Debt Level: LMLC.I0000 is debt free.
Reducing Debt: LMLC.I0000 has no debt compared to 5 years ago when its debt to equity ratio was 28.3%.
Debt Coverage: LMLC.I0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LMLC.I0000 has no debt, therefore coverage of interest payments is not a concern.