Julius Berger Nigeria Balance Sheet Health
Financial Health criteria checks 5/6
Julius Berger Nigeria has a total shareholder equity of NGN148.2B and total debt of NGN8.6B, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are NGN767.9B and NGN619.7B respectively. Julius Berger Nigeria's EBIT is NGN8.9B making its interest coverage ratio -1.1. It has cash and short-term investments of NGN202.1B.
Key information
5.8%
Debt to equity ratio
₦8.57b
Debt
| Interest coverage ratio | -1.1x |
| Cash | ₦202.14b |
| Equity | ₦148.20b |
| Total liabilities | ₦619.75b |
| Total assets | ₦767.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JBERGER's short term assets (NGN469.7B) exceed its short term liabilities (NGN141.7B).
Long Term Liabilities: JBERGER's short term assets (NGN469.7B) do not cover its long term liabilities (NGN478.0B).
Debt to Equity History and Analysis
Debt Level: JBERGER has more cash than its total debt.
Reducing Debt: JBERGER's debt to equity ratio has reduced from 123.6% to 5.8% over the past 5 years.
Debt Coverage: JBERGER's debt is well covered by operating cash flow (1512%).
Interest Coverage: JBERGER earns more interest than it pays, so coverage of interest payments is not a concern.