Enterprise Group Balance Sheet Health
Financial Health criteria checks 5/6
Enterprise Group has a total shareholder equity of GHS1.2B and total debt of GHS0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are GHS3.0B and GHS1.7B respectively. Enterprise Group's EBIT is GHS182.0M making its interest coverage ratio 28.9. It has cash and short-term investments of GHS449.5M.
Key information
0%
Debt to equity ratio
GH₵0
Debt
| Interest coverage ratio | 28.9x |
| Cash | GH₵449.47m |
| Equity | GH₵1.22b |
| Total liabilities | GH₵1.74b |
| Total assets | GH₵2.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGL's short term assets (GHS577.2M) exceed its short term liabilities (GHS525.1M).
Long Term Liabilities: EGL's short term assets (GHS577.2M) do not cover its long term liabilities (GHS1.2B).
Debt to Equity History and Analysis
Debt Level: EGL is debt free.
Reducing Debt: EGL has no debt compared to 5 years ago when its debt to equity ratio was 13%.
Debt Coverage: EGL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EGL has no debt, therefore coverage of interest payments is not a concern.