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


Debt to equity ratio



Interest coverage ratio4.3x
Total liabilities₦5.26b
Total assets₦7.45b

Recent financial health updates

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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

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