Nestle Cote D'Ivoire Balance Sheet Health
Financial Health criteria checks 2/6
Nestle Cote D'Ivoire has a total shareholder equity of F CFA27.7B and total debt of F CFA32.1B, which brings its debt-to-equity ratio to 115.9%. Its total assets and total liabilities are F CFA170.3B and F CFA142.7B respectively. Nestle Cote D'Ivoire's EBIT is F CFA32.1B making its interest coverage ratio 6.2. It has cash and short-term investments of F CFA4.4B.
Key information
115.9%
Debt to equity ratio
XOF32.07b
Debt
Interest coverage ratio | 6.2x |
Cash | XOF4.39b |
Equity | XOF27.66b |
Total liabilities | XOF142.68b |
Total assets | XOF170.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTLC's short term assets (F CFA97.3B) do not cover its short term liabilities (F CFA105.2B).
Long Term Liabilities: NTLC's short term assets (F CFA97.3B) exceed its long term liabilities (F CFA37.5B).
Debt to Equity History and Analysis
Debt Level: NTLC's net debt to equity ratio (100.1%) is considered high.
Reducing Debt: NTLC's debt to equity ratio has increased from 0% to 115.9% over the past 5 years.
Debt Coverage: Insufficient data to determine if NTLC's debt is well covered by operating cash flow.
Interest Coverage: NTLC's interest payments on its debt are well covered by EBIT (6.2x coverage).