Caudan Development Balance Sheet Health
Financial Health criteria checks 2/6
Caudan Development has a total shareholder equity of MUR4.5B and total debt of MUR534.0M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are MUR5.4B and MUR981.5M respectively. Caudan Development's EBIT is MUR62.7M making its interest coverage ratio 1.7. It has cash and short-term investments of MUR15.3M.
Key information
12.0%
Debt to equity ratio
MU₨534.00m
Debt
Interest coverage ratio | 1.7x |
Cash | MU₨15.26m |
Equity | MU₨4.46b |
Total liabilities | MU₨981.46m |
Total assets | MU₨5.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAUD.N0000's short term assets (MUR165.7M) exceed its short term liabilities (MUR147.0M).
Long Term Liabilities: CAUD.N0000's short term assets (MUR165.7M) do not cover its long term liabilities (MUR834.4M).
Debt to Equity History and Analysis
Debt Level: CAUD.N0000's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: CAUD.N0000's debt to equity ratio has increased from 10.5% to 12% over the past 5 years.
Debt Coverage: CAUD.N0000's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: CAUD.N0000's interest payments on its debt are not well covered by EBIT (1.7x coverage).