Paper Converting Co. Ltd

MUSE:PCCL.I0000 Stock Report

Market Cap: MU₨153.0m

Paper Converting Balance Sheet Health

Financial Health criteria checks 2/6

Paper Converting has a total shareholder equity of MUR362.9M and total debt of MUR219.6M, which brings its debt-to-equity ratio to 60.5%. 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 MUR972.9K.

Key information

60.5%

Debt to equity ratio

MU₨219.56m

Debt

Interest coverage ratio1.6x
CashMU₨972.92k
EquityMU₨362.87m
Total liabilitiesMU₨336.78m
Total assetsMU₨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's net debt to equity ratio (60.2%) is considered high.

Reducing Debt: PCCL.I0000's debt to equity ratio has increased from 47.9% to 60.5% over the past 5 years.

Debt Coverage: PCCL.I0000's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PCCL.I0000's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


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