Mauritius Cosmetics Balance Sheet Health
Financial Health criteria checks 4/6
Mauritius Cosmetics has a total shareholder equity of MUR1.6B and total debt of MUR239.2M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are MUR2.1B and MUR560.6M respectively. Mauritius Cosmetics's EBIT is MUR46.1M making its interest coverage ratio 2.3. It has cash and short-term investments of MUR49.5M.
Key information
15.1%
Debt to equity ratio
MU₨239.20m
Debt
| Interest coverage ratio | 2.3x |
| Cash | MU₨49.47m |
| Equity | MU₨1.58b |
| Total liabilities | MU₨560.58m |
| Total assets | MU₨2.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCOS.I0000's short term assets (MUR345.5M) exceed its short term liabilities (MUR321.4M).
Long Term Liabilities: MCOS.I0000's short term assets (MUR345.5M) exceed its long term liabilities (MUR239.2M).
Debt to Equity History and Analysis
Debt Level: MCOS.I0000's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: MCOS.I0000's debt to equity ratio has reduced from 27.2% to 15.1% over the past 5 years.
Debt Coverage: MCOS.I0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MCOS.I0000's interest payments on its debt are not well covered by EBIT (2.3x coverage).