Juli Balance Sheet Health
Financial Health criteria checks 0/6
Juli has a total shareholder equity of NGN-886.5M and total debt of NGN837.0M, which brings its debt-to-equity ratio to -94.4%. Its total assets and total liabilities are NGN85.2M and NGN971.6M respectively. Juli's EBIT is NGN6.4M making its interest coverage ratio 0.6. It has cash and short-term investments of NGN12.7M.
Key information
-94.4%
Debt to equity ratio
₦836.99m
Debt
Interest coverage ratio | 0.6x |
Cash | ₦12.66m |
Equity | -₦886.49m |
Total liabilities | ₦971.65m |
Total assets | ₦85.16m |
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.
Debt Coverage: JULI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JULI's interest payments on its debt are not well covered by EBIT (0.6x coverage).