Eunisell Interlinked Balance Sheet Health
Financial Health criteria checks 4/6
Eunisell Interlinked has a total shareholder equity of NGN453.3M and total debt of NGN148.6M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are NGN633.0M and NGN179.6M respectively. Eunisell Interlinked's EBIT is NGN92.3M making its interest coverage ratio 4.5. It has cash and short-term investments of NGN1.6M.
Key information
32.8%
Debt to equity ratio
₦148.62m
Debt
Interest coverage ratio | 4.5x |
Cash | ₦1.65m |
Equity | ₦453.33m |
Total liabilities | ₦179.64m |
Total assets | ₦632.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EUNISELL's short term assets (NGN618.4M) exceed its short term liabilities (NGN177.9M).
Long Term Liabilities: EUNISELL's short term assets (NGN618.4M) exceed its long term liabilities (NGN1.8M).
Debt to Equity History and Analysis
Debt Level: EUNISELL's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: EUNISELL's debt to equity ratio has increased from 8.7% to 32.8% over the past 5 years.
Debt Coverage: EUNISELL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EUNISELL's interest payments on its debt are well covered by EBIT (4.5x coverage).