United Basalt Products Balance Sheet Health
Financial Health criteria checks 6/6
United Basalt Products has a total shareholder equity of MUR4.4B and total debt of MUR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MUR7.7B and MUR3.4B respectively. United Basalt Products's EBIT is MUR258.5M making its interest coverage ratio 1.9. It has cash and short-term investments of MUR100.5M.
Key information
0%
Debt to equity ratio
MU₨0
Debt
| Interest coverage ratio | 1.9x |
| Cash | MU₨100.54m |
| Equity | MU₨4.38b |
| Total liabilities | MU₨3.36b |
| Total assets | MU₨7.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UBP.N0000's short term assets (MUR2.1B) exceed its short term liabilities (MUR1.6B).
Long Term Liabilities: UBP.N0000's short term assets (MUR2.1B) exceed its long term liabilities (MUR1.8B).
Debt to Equity History and Analysis
Debt Level: UBP.N0000 is debt free.
Reducing Debt: UBP.N0000 has no debt compared to 5 years ago when its debt to equity ratio was 14.5%.
Debt Coverage: UBP.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UBP.N0000 has no debt, therefore coverage of interest payments is not a concern.