John Holt Balance Sheet Health
Financial Health criteria checks 4/6
John Holt has a total shareholder equity of NGN4.3B and total debt of NGN405.0M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are NGN8.5B and NGN4.2B respectively. John Holt's EBIT is NGN3.2B making its interest coverage ratio 15.4. It has cash and short-term investments of NGN39.0M.
Key information
9.4%
Debt to equity ratio
₦405.00m
Debt
| Interest coverage ratio | 15.4x |
| Cash | ₦39.00m |
| Equity | ₦4.31b |
| Total liabilities | ₦4.18b |
| Total assets | ₦8.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOHNHOLT's short term assets (NGN1.7B) do not cover its short term liabilities (NGN2.6B).
Long Term Liabilities: JOHNHOLT's short term assets (NGN1.7B) exceed its long term liabilities (NGN1.6B).
Debt to Equity History and Analysis
Debt Level: JOHNHOLT's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: JOHNHOLT's debt to equity ratio has reduced from 21.3% to 9.4% over the past 5 years.
Debt Coverage: JOHNHOLT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JOHNHOLT's interest payments on its debt are well covered by EBIT (15.4x coverage).