Ascencia Balance Sheet Health
Financial Health criteria checks 0/6
Ascencia has a total shareholder equity of MUR10.0B and total debt of MUR6.3B, which brings its debt-to-equity ratio to 63.2%. Its total assets and total liabilities are MUR17.4B and MUR7.3B respectively. Ascencia's EBIT is MUR1.1B making its interest coverage ratio 2.9. It has cash and short-term investments of MUR136.8M.
Key information
63.2%
Debt to equity ratio
MU₨6.34b
Debt
Interest coverage ratio | 2.9x |
Cash | MU₨136.81m |
Equity | MU₨10.04b |
Total liabilities | MU₨7.33b |
Total assets | MU₨17.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASCE.N0000's short term assets (MUR371.0M) do not cover its short term liabilities (MUR413.8M).
Long Term Liabilities: ASCE.N0000's short term assets (MUR371.0M) do not cover its long term liabilities (MUR6.9B).
Debt to Equity History and Analysis
Debt Level: ASCE.N0000's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: ASCE.N0000's debt to equity ratio has increased from 60.8% to 63.2% over the past 5 years.
Debt Coverage: ASCE.N0000's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: ASCE.N0000's interest payments on its debt are not well covered by EBIT (2.9x coverage).