Phoenix Beverages Balance Sheet Health
Financial Health criteria checks 6/6
Phoenix Beverages has a total shareholder equity of MUR7.0B and total debt of MUR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MUR10.3B and MUR3.3B respectively. Phoenix Beverages's EBIT is MUR1.3B making its interest coverage ratio 27.8. It has cash and short-term investments of MUR832.2M.
Key information
0%
Debt to equity ratio
MU₨0
Debt
| Interest coverage ratio | 27.8x |
| Cash | MU₨832.25m |
| Equity | MU₨6.95b |
| Total liabilities | MU₨3.31b |
| Total assets | MU₨10.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBL.N0000's short term assets (MUR4.2B) exceed its short term liabilities (MUR2.1B).
Long Term Liabilities: MBL.N0000's short term assets (MUR4.2B) exceed its long term liabilities (MUR1.2B).
Debt to Equity History and Analysis
Debt Level: MBL.N0000 is debt free.
Reducing Debt: MBL.N0000 had no debt 5 years ago.
Debt Coverage: MBL.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MBL.N0000 has no debt, therefore coverage of interest payments is not a concern.