Quality Beverages Balance Sheet Health
Financial Health criteria checks 6/6
Quality Beverages has a total shareholder equity of MUR810.4M and total debt of MUR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MUR2.6B and MUR1.8B respectively. Quality Beverages's EBIT is MUR141.3M making its interest coverage ratio 2.8. It has cash and short-term investments of MUR64.9M.
Key information
0%
Debt to equity ratio
MU₨0
Debt
| Interest coverage ratio | 2.8x |
| Cash | MU₨64.91m |
| Equity | MU₨810.44m |
| Total liabilities | MU₨1.76b |
| Total assets | MU₨2.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QBL.I0000's short term assets (MUR1.2B) exceed its short term liabilities (MUR965.9M).
Long Term Liabilities: QBL.I0000's short term assets (MUR1.2B) exceed its long term liabilities (MUR797.9M).
Debt to Equity History and Analysis
Debt Level: QBL.I0000 is debt free.
Reducing Debt: QBL.I0000 had no debt 5 years ago.
Debt Coverage: QBL.I0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: QBL.I0000 has no debt, therefore coverage of interest payments is not a concern.