Mauritius Chemical and Fertilizer Industry Balance Sheet Health
Financial Health criteria checks 2/6
Mauritius Chemical and Fertilizer Industry has a total shareholder equity of MUR435.9M and total debt of MUR387.5M, which brings its debt-to-equity ratio to 88.9%. Its total assets and total liabilities are MUR1.4B and MUR1.0B respectively. Mauritius Chemical and Fertilizer Industry's EBIT is MUR43.9M making its interest coverage ratio 1.3. It has cash and short-term investments of MUR57.5M.
Key information
88.9%
Debt to equity ratio
MU₨387.51m
Debt
| Interest coverage ratio | 1.3x |
| Cash | MU₨57.55m |
| Equity | MU₨435.93m |
| Total liabilities | MU₨1.01b |
| Total assets | MU₨1.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCFI.N0000's short term assets (MUR756.7M) exceed its short term liabilities (MUR622.4M).
Long Term Liabilities: MCFI.N0000's short term assets (MUR756.7M) exceed its long term liabilities (MUR387.5M).
Debt to Equity History and Analysis
Debt Level: MCFI.N0000's net debt to equity ratio (75.7%) is considered high.
Reducing Debt: MCFI.N0000's debt to equity ratio has increased from 15.2% to 88.9% over the past 5 years.
Debt Coverage: MCFI.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MCFI.N0000's interest payments on its debt are not well covered by EBIT (1.3x coverage).