Omnicane Balance Sheet Health
Financial Health criteria checks 1/6
Omnicane has a total shareholder equity of MUR6.6B and total debt of MUR5.9B, which brings its debt-to-equity ratio to 89.6%. Its total assets and total liabilities are MUR16.7B and MUR10.1B respectively. Omnicane's EBIT is MUR902.4M making its interest coverage ratio 1.7. It has cash and short-term investments of MUR604.5M.
Key information
89.6%
Debt to equity ratio
MU₨5.92b
Debt
| Interest coverage ratio | 1.7x |
| Cash | MU₨604.46m |
| Equity | MU₨6.61b |
| Total liabilities | MU₨10.05b |
| Total assets | MU₨16.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTMD.N0000's short term assets (MUR4.2B) exceed its short term liabilities (MUR4.1B).
Long Term Liabilities: MTMD.N0000's short term assets (MUR4.2B) do not cover its long term liabilities (MUR5.9B).
Debt to Equity History and Analysis
Debt Level: MTMD.N0000's net debt to equity ratio (80.5%) is considered high.
Reducing Debt: MTMD.N0000's debt to equity ratio has increased from 86% to 89.6% over the past 5 years.
Debt Coverage: MTMD.N0000's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: MTMD.N0000's interest payments on its debt are not well covered by EBIT (1.7x coverage).