ABC Motors Balance Sheet Health
Financial Health criteria checks 6/6
ABC Motors has a total shareholder equity of MUR1.5B and total debt of MUR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MUR3.4B and MUR1.9B respectively. ABC Motors's EBIT is MUR117.0M making its interest coverage ratio 1.6. It has cash and short-term investments of MUR125.4M.
Key information
0%
Debt to equity ratio
MU₨0
Debt
| Interest coverage ratio | 1.6x |
| Cash | MU₨125.38m |
| Equity | MU₨1.49b |
| Total liabilities | MU₨1.92b |
| Total assets | MU₨3.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABC.I0000's short term assets (MUR1.5B) exceed its short term liabilities (MUR1.2B).
Long Term Liabilities: ABC.I0000's short term assets (MUR1.5B) exceed its long term liabilities (MUR709.5M).
Debt to Equity History and Analysis
Debt Level: ABC.I0000 is debt free.
Reducing Debt: ABC.I0000 has no debt compared to 5 years ago when its debt to equity ratio was 40.2%.
Debt Coverage: ABC.I0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ABC.I0000 has no debt, therefore coverage of interest payments is not a concern.