John Holt Balance Sheet Health
Financial Health criteria checks 4/6
John Holt has a total shareholder equity of NGN2.2B and total debt of NGN717.0M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are NGN7.4B and NGN5.3B respectively. John Holt's EBIT is NGN771.0M making its interest coverage ratio 4.3. It has cash and short-term investments of NGN228.0M.
Key information
32.8%
Debt to equity ratio
₦717.00m
Debt
Interest coverage ratio | 4.3x |
Cash | ₦228.00m |
Equity | ₦2.18b |
Total liabilities | ₦5.26b |
Total assets | ₦7.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOHNHOLT's short term assets (NGN1.8B) do not cover its short term liabilities (NGN4.2B).
Long Term Liabilities: JOHNHOLT's short term assets (NGN1.8B) exceed its long term liabilities (NGN1.1B).
Debt to Equity History and Analysis
Debt Level: JOHNHOLT's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: JOHNHOLT's debt to equity ratio has increased from 30.7% to 32.8% 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: JOHNHOLT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: JOHNHOLT has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 18.7% each year