Juli Balance Sheet Health

Financial Health criteria checks 1/6

Juli has a total shareholder equity of NGN-83.7M and total debt of NGN134.8M, which brings its debt-to-equity ratio to -161.1%. Its total assets and total liabilities are NGN86.7M and NGN170.4M respectively. Juli's EBIT is NGN18.1M making its interest coverage ratio 1.7. It has cash and short-term investments of NGN4.8M.

Key information

-161.1%

Debt to equity ratio

₦134.78m

Debt

Interest coverage ratio1.7x
Cash₦4.79m
Equity-₦83.68m
Total liabilities₦170.38m
Total assets₦86.69m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: JULI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: JULI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: JULI has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: JULI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: JULI has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: JULI has less than a year of cash runway if free cash flow continues to grow at historical rates of 27.3% each year.


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