C-Care (Mauritius) Balance Sheet Health
Financial Health criteria checks 2/6
C-Care (Mauritius) has a total shareholder equity of MUR1.4B and total debt of MUR1.6B, which brings its debt-to-equity ratio to 120.4%. Its total assets and total liabilities are MUR4.0B and MUR2.7B respectively. C-Care (Mauritius)'s EBIT is MUR428.6M making its interest coverage ratio 5.7. It has cash and short-term investments of MUR10.5M.
Key information
120.4%
Debt to equity ratio
MU₨1.64b
Debt
Interest coverage ratio | 5.7x |
Cash | MU₨10.54m |
Equity | MU₨1.36b |
Total liabilities | MU₨2.68b |
Total assets | MU₨4.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MASC.I0000's short term assets (MUR863.9M) do not cover its short term liabilities (MUR1.0B).
Long Term Liabilities: MASC.I0000's short term assets (MUR863.9M) do not cover its long term liabilities (MUR1.6B).
Debt to Equity History and Analysis
Debt Level: MASC.I0000's net debt to equity ratio (119.7%) is considered high.
Reducing Debt: MASC.I0000's debt to equity ratio has increased from 90.6% to 120.4% over the past 5 years.
Debt Coverage: MASC.I0000's debt is well covered by operating cash flow (24.7%).
Interest Coverage: MASC.I0000's interest payments on its debt are well covered by EBIT (5.7x coverage).