Les Gaz Industriels Balance Sheet Health
Financial Health criteria checks 6/6
Les Gaz Industriels has a total shareholder equity of MUR248.6M and total debt of MUR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MUR331.3M and MUR82.6M respectively. Les Gaz Industriels's EBIT is MUR2.8M making its interest coverage ratio 10.4. It has cash and short-term investments of MUR29.1M.
Key information
0%
Debt to equity ratio
MU₨0
Debt
| Interest coverage ratio | 10.4x |
| Cash | MU₨29.08m |
| Equity | MU₨248.62m |
| Total liabilities | MU₨82.65m |
| Total assets | MU₨331.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GIL.I0000's short term assets (MUR91.8M) exceed its short term liabilities (MUR52.3M).
Long Term Liabilities: GIL.I0000's short term assets (MUR91.8M) exceed its long term liabilities (MUR30.3M).
Debt to Equity History and Analysis
Debt Level: GIL.I0000 is debt free.
Reducing Debt: GIL.I0000 has no debt compared to 5 years ago when its debt to equity ratio was 3.7%.
Debt Coverage: GIL.I0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GIL.I0000 has no debt, therefore coverage of interest payments is not a concern.