New African Properties Balance Sheet Health
Financial Health criteria checks 5/6
New African Properties has a total shareholder equity of BWP1.6B and total debt of BWP2.4M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are BWP1.7B and BWP135.2M respectively. New African Properties's EBIT is BWP193.9M making its interest coverage ratio -33.4. It has cash and short-term investments of BWP8.9M.
Key information
0.1%
Debt to equity ratio
P2.37m
Debt
| Interest coverage ratio | -33.4x |
| Cash | P8.85m |
| Equity | P1.59b |
| Total liabilities | P135.19m |
| Total assets | P1.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAP-EQU's short term assets (BWP94.9M) exceed its short term liabilities (BWP32.2M).
Long Term Liabilities: NAP-EQU's short term assets (BWP94.9M) do not cover its long term liabilities (BWP103.0M).
Debt to Equity History and Analysis
Debt Level: NAP-EQU has more cash than its total debt.
Reducing Debt: NAP-EQU's debt to equity ratio has reduced from 1.3% to 0.1% over the past 5 years.
Debt Coverage: NAP-EQU's debt is well covered by operating cash flow (8170.5%).
Interest Coverage: NAP-EQU earns more interest than it pays, so coverage of interest payments is not a concern.