John Holt Balance Sheet Health
Financial Health criteria checks 1/6
John Holt has a total shareholder equity of NGN1.7B and total debt of NGN826.4M, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are NGN14.4B and NGN12.7B respectively. John Holt's EBIT is NGN359.5M making its interest coverage ratio 1.9. It has cash and short-term investments of NGN120.3M.
Key information
47.9%
Debt to equity ratio
₦826.40m
Debt
Interest coverage ratio | 1.9x |
Cash | ₦120.30m |
Equity | ₦1.72b |
Total liabilities | ₦12.65b |
Total assets | ₦14.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOHNHOLT's short term assets (NGN8.6B) exceed its short term liabilities (NGN2.4B).
Long Term Liabilities: JOHNHOLT's short term assets (NGN8.6B) do not cover its long term liabilities (NGN10.3B).
Debt to Equity History and Analysis
Debt Level: JOHNHOLT's net debt to equity ratio (41%) is considered high.
Reducing Debt: JOHNHOLT's debt to equity ratio has increased from 14.9% to 47.9% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: JOHNHOLT has less than a year of cash runway if free cash flow continues to grow at historical rates of 14.9% each year.