Paper Converting Balance Sheet Health
Financial Health criteria checks 6/6
Paper Converting has a total shareholder equity of MUR362.9M and total debt of MUR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MUR699.7M and MUR336.8M respectively. Paper Converting's EBIT is MUR20.8M making its interest coverage ratio 1.6. It has cash and short-term investments of MUR368.8K.
Key information
0%
Debt to equity ratio
MU₨0
Debt
| Interest coverage ratio | 1.6x |
| Cash | MU₨368.76k |
| Equity | MU₨362.87m |
| Total liabilities | MU₨336.78m |
| Total assets | MU₨699.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCCL.I0000's short term assets (MUR254.7M) exceed its short term liabilities (MUR220.9M).
Long Term Liabilities: PCCL.I0000's short term assets (MUR254.7M) exceed its long term liabilities (MUR115.9M).
Debt to Equity History and Analysis
Debt Level: PCCL.I0000 is debt free.
Reducing Debt: PCCL.I0000 has no debt compared to 5 years ago when its debt to equity ratio was 47.9%.
Debt Coverage: PCCL.I0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PCCL.I0000 has no debt, therefore coverage of interest payments is not a concern.