Austin Laz Balance Sheet Health
Financial Health criteria checks 4/6
Austin Laz has a total shareholder equity of NGN1.3B and total debt of NGN42.6M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are NGN1.3B and NGN49.5M respectively.
Key information
3.4%
Debt to equity ratio
₦42.64m
Debt
| Interest coverage ratio | n/a |
| Cash | ₦1.06m |
| Equity | ₦1.25b |
| Total liabilities | ₦49.47m |
| Total assets | ₦1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUSTINLAZ's short term assets (NGN49.1M) exceed its short term liabilities (NGN6.8M).
Long Term Liabilities: AUSTINLAZ's short term assets (NGN49.1M) exceed its long term liabilities (NGN42.6M).
Debt to Equity History and Analysis
Debt Level: AUSTINLAZ's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: AUSTINLAZ's debt to equity ratio has reduced from 5.1% to 3.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if AUSTINLAZ has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AUSTINLAZ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.