Enterprise Group Balance Sheet Health
Financial Health criteria checks 5/6
Enterprise Group has a total shareholder equity of GHS1.6B and total debt of GHS0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are GHS3.6B and GHS2.0B respectively. Enterprise Group's EBIT is GHS281.8M making its interest coverage ratio 65.9. It has cash and short-term investments of GHS509.4M.
Key information
0%
Debt to equity ratio
GH₵0
Debt
| Interest coverage ratio | 65.9x |
| Cash | GH₵509.35m |
| Equity | GH₵1.63b |
| Total liabilities | GH₵2.00b |
| Total assets | GH₵3.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGL's short term assets (GHS1.0B) exceed its short term liabilities (GHS299.2M).
Long Term Liabilities: EGL's short term assets (GHS1.0B) do not cover its long term liabilities (GHS1.7B).
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 8.8%.
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.