SCOA Nigeria Balance Sheet Health
Financial Health criteria checks 5/6
SCOA Nigeria has a total shareholder equity of NGN2.1B and total debt of NGN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NGN15.7B and NGN13.5B respectively. SCOA Nigeria's EBIT is NGN257.6M making its interest coverage ratio 3.6. It has cash and short-term investments of NGN4.2B.
Key information
0%
Debt to equity ratio
₦0
Debt
Interest coverage ratio | 3.6x |
Cash | ₦4.17b |
Equity | ₦2.13b |
Total liabilities | ₦13.54b |
Total assets | ₦15.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCOA's short term assets (NGN11.8B) do not cover its short term liabilities (NGN12.4B).
Long Term Liabilities: SCOA's short term assets (NGN11.8B) exceed its long term liabilities (NGN1.2B).
Debt to Equity History and Analysis
Debt Level: SCOA is debt free.
Reducing Debt: SCOA has no debt compared to 5 years ago when its debt to equity ratio was 490.5%.
Debt Coverage: SCOA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SCOA has no debt, therefore coverage of interest payments is not a concern.