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 MUR10.6B and MUR3.6B respectively. Phoenix Beverages's EBIT is MUR1.4B making its interest coverage ratio 28.8. It has cash and short-term investments of MUR1.2B.
Key information
0%
Debt to equity ratio
MU₨0
Debt
| Interest coverage ratio | 28.8x |
| Cash | MU₨1.23b |
| Equity | MU₨7.01b |
| Total liabilities | MU₨3.62b |
| Total assets | MU₨10.63b |
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 (MUR2.4B).
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.