MUA Balance Sheet Health
Financial Health criteria checks 3/6
MUA has a total shareholder equity of MUR5.2B and total debt of MUR1.1B, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are MUR24.5B and MUR19.3B respectively. MUA's EBIT is MUR413.6M making its interest coverage ratio 11.8. It has cash and short-term investments of MUR1.2B.
Key information
20.9%
Debt to equity ratio
MU₨1.09b
Debt
| Interest coverage ratio | 11.8x |
| Cash | MU₨1.22b |
| Equity | MU₨5.24b |
| Total liabilities | MU₨19.31b |
| Total assets | MU₨24.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MUAL.N0000's short term assets (MUR8.8B) exceed its short term liabilities (MUR1.7B).
Long Term Liabilities: MUAL.N0000's short term assets (MUR8.8B) do not cover its long term liabilities (MUR17.6B).
Debt to Equity History and Analysis
Debt Level: MUAL.N0000 has more cash than its total debt.
Reducing Debt: MUAL.N0000's debt to equity ratio has increased from 0% to 20.9% over the past 5 years.
Debt Coverage: MUAL.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MUAL.N0000's interest payments on its debt are well covered by EBIT (11.8x coverage).