Happy World Property Balance Sheet Health
Financial Health criteria checks 4/6
Happy World Property has a total shareholder equity of MUR457.6M and total debt of MUR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MUR688.5M and MUR230.8M respectively. Happy World Property's EBIT is MUR15.9M making its interest coverage ratio 1.2. It has cash and short-term investments of MUR6.0M.
Key information
0%
Debt to equity ratio
MU₨0
Debt
| Interest coverage ratio | 1.2x |
| Cash | MU₨6.04m |
| Equity | MU₨457.64m |
| Total liabilities | MU₨230.83m |
| Total assets | MU₨688.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPL.I0000's short term assets (MUR46.7M) do not cover its short term liabilities (MUR71.3M).
Long Term Liabilities: HPL.I0000's short term assets (MUR46.7M) do not cover its long term liabilities (MUR159.5M).
Debt to Equity History and Analysis
Debt Level: HPL.I0000 is debt free.
Reducing Debt: HPL.I0000 has not had any debt for past 5 years.
Debt Coverage: HPL.I0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HPL.I0000 has no debt, therefore coverage of interest payments is not a concern.